738 Boyte St - Apartments FOR SALE


Monroe, NC 28110
$1,395,000 USD
704-219-6879
738 Boyte St, Monroe, NC for Sale
$1,395,000 USD
Apartments - FOR SALE
1/10
null | 6.52% Cap Rate

738 Boyte St
Monroe, NC 28110


HIGHLIGHTS

  • Updated interiors in all units.
  • Close to Hwy. 74, grocery stores and multiple retail operations
  • Easy and accessible access

OVERVIEW

This is a turn key investment opportunity for someone who is looking for a plug and play opportunity. All 10 units have been 100% updated inside with new LVP flooring throughout, new appliances, countertops, cabinets and vanities. Most of the HVAC units and hot water heaters have been replaced and are 3 years or newer in the majority of the units. With all of the units 100% rented at market prices this is about as turn key of an investment that is currently on the market for a smaller apartment complex.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

10

PRICE/UNIT

$139,500

CAP RATE

6.52%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hatch Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,668 SF

ZONING

AW7

APN/PARCEL ID

09-228-001

ASK ABOUT THIS PROPERTY

Tripp MeltonSyndicate Realty, IncMore Info
704-219-6879

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Tripp MeltonSyndicate Realty, IncMore Info
704-219-6879

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