$2,400,000
$2,450,000
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942 Bonham AVE Wilmington, NC 28403
11,534 SqFt
Key Details
Sold Price $2,400,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,534 sqft
Price per Sqft $208
Subdivision Highwood Park
MLS Listing ID 100507706
Sold Date 11/13/25
Style Wood Frame
HOA Y/N No
Year Built 1991
Annual Tax Amount $10,144
Lot Size 0.650 Acres
Acres 0.65
Lot Dimensions 149 x 200 x 133 x 201
Property Sub-Type Multi Family
Source Hive MLS
Property Description
Bonham Bay Townhomes are conveniently located in the Mid-Town area of Wilmington North Carolina. This multifamily investment is currently 100% occupied.
Bonham Bay Townhomes consists of 11 townhome units, all of which are approximately 1,000 square feet in size. Each unit has two bedrooms, two full bathrooms, powder room, private entry, outdoor patio, and off-street parking.
The property is located close to Downtown Wilmington, UNCW, CFCC, Shopping, Entertainment, Medical Services, Public Transportation, Beaches and so much more. The current owners have upgraded the units, stabilized rents, and opened the opportunity to grow this investment. Property is currently managed professionally, and operations are turnkey for the next investor. The Multifamily zoning classification opens development opportunities. Complete financial information is available from the listing agent.
Location
State NC
County New Hanover
Community Highwood Park
Zoning MD-17
Direction From Downtown, take Wrightsville Avenue east. Turn left on Bonham and property is on the left. Park in non-numbered spots.
Rooms
Basement None
Interior
Heating Electric, Heat Pump
Cooling Central Air
Flooring Carpet, Laminate, Tile
Exterior
Parking Features Private, Parking Lot, Asphalt, Off Street
Utilities Available Water Available
Amenities Available No Amenities
Waterfront Description None
Roof Type Metal
Building
Foundation Slab
Sewer Municipal Sewer
Water Municipal Water
New Construction No
Others
Tax ID R05514-001-024-000
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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