Bailey
Real Estate
Prefabricated home builder plans to have Nashville facility up and running by mid-2025
A builder of prefabricated homes is looking to build a foundation in Nashville and bring a few dozen jobs to the area, according to Nash County economic development officials and the company’s founder. BuildLabs, a custom home designer and manufacturer with offices on Long Island and in Germany and India, has signed a purchase agreement for 5.3 acres in the Nashville Business Center at a cost of $134,000, according to Susan Phelps, Nash County’s economic development manager. ...
Rocky Mount Mills plans expansion of housing, lodging
The Rocky Mount Mills commercial and residential development is designing historic homes off Falls Road between Elm and Spring streets to have them, in phases, ready for leasing to future residents. Not only that, but Rocky Mount Mills, which owns half of the former Burlington Industries Rocky Mount Plant off West Ridge Street, is also starting design work on what that part of the location might look like in the future. That future usage might be tied back to residential development currently in place on...
Local real estate business changes hands
A Rocky Mount-based real estate company is now co-owned by an agribusinessman and a businessman once linked to the Carolina Panthers professional football team. Coldwell Banker Watson Properties, which was owned by Janet Watson, has become Coldwell Banker Allied Real Estate, which is owned by a holding company owned by Marvin Shearin and Steve Wordsworth. Shearin, in a recent interview at Coldwell Banker Allied Real Estate’s office, said that the...
Real Estate Transfers
The following deeds were recorded with the Nash County Register of Deeds from March 6-12. Each $2 in revenue stamps is equal to $1,000 in valuation. New Height Investment LLC to William Kevin Johnson; lot 10, block B, Weatherstone; $620. Michael Anthony Walker Jr. and Kendra Walker to Truedoor LLC; 718 Nashville Road, Rocky Mount; $100. ...
Five Points Crossing apartments officially opens
Delois Nettles on Monday afternoon was elated as she stood inside her residence in the new Five Points Crossing apartments off Tarboro Street. “I just love it. I just love it. I just love it,” Nettles, 75, said not long after an official opening ceremony just outside the $9.5 million, four-story, 50-unit building designed to be in a downtown urban setting. Nettles for the first time Thursday night got to...
Rocky Mount cuts ribbon for new affordable housing development downtown
Residents move in to new affordable apartments in Rocky Mount. On Monday, the City of Rocky Mount unveiled the downtown Five Points Crossing affordable housing community. The Five Points Crossing is located on Rose Street and includes 50 new affordable units for people who earn up to 60% of the area's median income, or around $30,000 or less.
Five Points Crossing apartments officially opens Monday
A ceremonial opening of the Five Points Crossing workforce housing development is set for 2 p.m. Monday. The gathering will mark the completion of a $9.5 million, four-story, 50-unit building across Tarboro Street from Edgecombe Community College’s Rocky Mount campus. The building was constructed to provide homes for residents who earn up to 60 percent of the area’s median income. Word of the official opening came via email correspondence on...
Firm welcomes two new real estate agents
Michael Allen with Boone, Hill, Allen & Ricks Real Estate recently welcomed two new agents to the fold. Leeann Miller and Rachel Batts joined the firm located at 2311 Sunset Ave. Miller was born and raised in Pittsburgh, Penn., where both of her parents were real estate brokers. Real estate and property management were often the dinner table topics, Miller said. At an early age she learned the importance of listening to clients and providing them with great customer service. ...
Real Estate Transfers
The following deeds were recorded with the Nash County Register of Deeds from Jan. 31 through Feb. 6. Each $2 in revenue stamps is equal to $1,000 in valuation. Charles E. Bowens and Rosaline Bowens to Charles E. Bowens, Rosaline Bowens and Charles E. Bowens Jr.; 517 Quail Court, Rocky Mount William V. Brantley and Deborah S. Brantley to T&A Ventures LLC; 1580 Strawbush Court; $278. ...
Wake County Board Greenlights $2.4M Loan for 55 Affordable Homes in Raleigh and Wendell
The Wake County Board of Commissioners has approved a $2.4 million loan for the construction of over 50 affordable homes. This initiative, led by Chair Shinica Thomas, aims to help low-income families in the community become homeowners. The homes will stay affordable for 20 years, even if sold, allowing more residents to buy a home in Wake County. Habitat for Humanity of Wake County will complete the construction by 2026.
Preliminary revaluation figures released, showing projected increase in Nash County of 49.2 percent
The Nash County Board of Commissioners came up short in estimating the increase in real estate property values since the last time the county conducted a revaluation. Commissioners at a Wednesday workshop wrote down what they thought the percentage increase would be based on preliminary revaluation numbers. None came close. The percentage increase revealed by appraisers Jim Wrenn and Gene Rountree of Piner Appraisers was 49.2 percent. The closest guesses among the commissioners was 34 percent. ...
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