315 Hamilton Dr NE - Apartments FOR SALE


Concord, NC 28025
$1,695,000 USD
704-930-1188
315 Hamilton Dr NE, Concord, NC for Sale
$1,695,000 USD
Apartments - FOR SALE
1/26
null | 5.7% Cap Rate

315 Hamilton Dr NE
Concord, NC 28025


HIGHLIGHTS

  • Excellent Location
  • Town Home Style Units
  • Recently Rehabbed Units

OVERVIEW

Excellent opportunity to acquire a recently rehabbed 8 plex near the heart of Concord. 7 of 8 units have been recently leased, with one remaining unit that is currently listed on the market for lease. Great performing income potential once all units are occupied. Turn-key Property Management Firm in place if buyer wants to continue with services. Water/sewer usage is billed back to the tenants through a sub-meter tracking system for each unit. Trash/Landscaping is Landlord cost. Electric/Water/Sewer tenant is tenant cost.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

8

PRICE/UNIT

$211,875

CAP RATE

5.7%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

315 Hamilton Dr

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

-

APN/PARCEL ID

5621-72-8692-0000

ASK ABOUT THIS PROPERTY

Sam CowlesJLF Management Group, LLCMore Info
704-930-1188

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Sam CowlesJLF Management Group, LLCMore Info
704-930-1188

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