Please help with Wilmington Condo questions (Carolina Beach, Castle Hayne: rent, condos, house)

[dbone66]

I'm looking into buying a condo in Wilmington. There seem to be a bunch in the area around S College Rd, Market St, and Oleander Dr. They range from $80,000 to $120,000+. The price is good and the location is central between downtown and Wrightsville beach. I'm assuming 10 minutes to either one.

My questions is, are these mainly for UNCW students? If these condos are populated mainly with students it might not work for me. I have nothing against students, but I have a family and the party scene wouldn't work.

Some of the condos I've been looking at are on the following streets Clearwater ct, Colony Woods on Cobblestone dr, McClelland, Forest Park, Litchfield way.

Thanks

[thefinalsay]

Originally Posted by dbone66

I'm looking into buying a condo in Wilmington. There seem to be a bunch in the area around S College Rd, Market St, and Oleander Dr. They range from $80,000 to $120,000+. The price is good and the location is central between downtown and Wrightsville beach. I'm assuming 10 minutes to either one.

My questions is, are these mainly for UNCW students? If these condos are populated mainly with students it might not work for me. I have nothing against students, but I have a family and the party scene wouldn't work.

Some of the condos I've been looking at are on the following streets Clearwater ct, Colony Woods on Cobblestone dr, McClelland, Forest Park, Litchfield way.

Thanks

it's going to be closer to 20 minutes to the beach depending on traffic, but it's not a big deal. it's a good time to buy a condo with all the market saturation going on. if I were you, I would look at the breezewood complex. it's the 28409 zip code. I looked at them before I bought my house and they are pretty nice as far as condos go. big too, around 1500 square feet. they might be about $10k more than you are looking, but it's easy to get a deal on a condo.

[NCGT]

If you can swing a $130-150k purchase price you can buy a new construction condo (2 bedroom, 2 bath) in Wilmington. The builders are marking down prices because they are sitting on a large amount of inventory and the new stuff is a MUCH better deal than the existing condos. However if you decide to purchase an existing unit, go waaayyy low on the offer. (like 90% of the asking price)


Check Valleygate Villas (existing) and The Gardens or Bellingham Park (new construction). And I too like Breezewood. Those condos are huge and cheap. Again, low ball offer.

BTW, the college student population drops significantly once you get 4-5 miles away from the University. (Monkey Junction, Carolina Beach Road, Castle Hayne, ect)

[InformationPlease]

Originally Posted by thefinalsay

it's going to be closer to 20 minutes to the beach depending on traffic, but it's not a big deal. it's a good time to buy a condo with all the market saturation going on. if I were you, I would look at the breezewood complex. it's the 28409 zip code. I looked at them before I bought my house and they are pretty nice as far as condos go. big too, around 1500 square feet. they might be about $10k more than you are looking, but it's easy to get a deal on a condo.

breezewood is 28412...

and I agree, it's a cheap, nice family style complex... WAY nicer than the ones you mention on S college road. however, you are limited to the 2b/2ba set up

monkey junction has a ton of great condos with more being built all of the time

agreed with the above poster about deals on new ones...

good luck in your search...

ps, as a general rule, yes, things around the college will have college students... in fact, in wilm, you'd be hard pressed to find a development without some student infiltration...

some (breezewood, those on honeybee lane and merestone, ashley whatever...) are more family oriented than others...

[thefinalsay]

Originally Posted by InformationPlease

breezewood is 28412...

and I agree, it's a cheap, nice family style complex... WAY nicer than the ones you mention on S college road. however, you are limited to the 2b/2ba set up

monkey junction has a ton of great condos with more being built all of the time

agreed with the above poster about deals on new ones...

good luck in your search...

ps, as a general rule, yes, things around the college will have college students... in fact, in wilm, you'd be hard pressed to find a development without some student infiltration...

some (breezewood, those on honeybee lane and merestone, ashley whatever...) are more family oriented than others...

my bad.

[carlosmessi]

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