119 Clyde St - Apartments FOR SALE


Spindale, NC 28160
$1,200,000 USD
704-473-9805
119 Clyde St, Spindale, NC for Sale
$1,200,000 USD
Apartments - FOR SALE
1/7
null | 6.18% Cap Rate

119 Clyde St
Spindale, NC 28160


OVERVIEW

Investors Special!! Portfolio consist of 4 duplexes and 2 quadplexes. Duplexes are made of cinder block and are low maintenance. Duplexes are all two bed one bath apartments. Quadplexes each have (2) 2 bedroom 1 bath apartments and (2) 3 bedroom 1 bath apartments. Eleven of the 16 units have been remodeled with new flooring, paint, fixtures, countertops. Baseboard heat and window units. Tenants pay utilities. Lawn care paid by owner.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

16

PRICE/UNIT

$75,000

CAP RATE

6.18%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clyde Street Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

R6

APN/PARCEL ID

1204037,1204038

ASK ABOUT THIS PROPERTY

Adam SmithParamontMore Info
704-473-9805

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Adam SmithParamontMore Info
704-473-9805

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.