23 Brick Veneer 100% Leased Apartments located LESS THAN 1000 feet from Cleveland Regional Medical Center, Shelby, North Carolina. 7.11 CAP RATE with existing rents ( May be increased) with very stable long-term tenant base. X 3 Laundries on-site are income producing ; Very clean, well maintained property. *Owner's father built this property in 1965-70 now wishing to retire is reason selling.
Sperry Van Ness is pleased to exclusively present Oliver Court Apartments. Oliver Court Apartments consists of 48 rentable units that includes one bedroom garden-style apartments and two- bedroom townhomes. Given its late 1980s vintage construction, Oliver Courts per unit pricing is well below replacement cost, and is in need of no immediate repairs.Roofs, siding and windows were replaced as part of a property improvement plan between 2010 & 2012.PLEASE DO NOT VISIT THE PROPERTY WITHOUT AN APPOINTMENT.TOURS BY APPOINTMENT ONLY.
Investor Special. 3 Bedroom 1 Bath Fixer Upper Home. Sold in "as-is" condition. Call for more details.
18 Unit Apartment Complex For Sale 1028, 1030, 1032 & 1050 New Beginnings Ave Gastonia, NC 28052 17@ 2 bedrooms 1 bath 1 @ 3 bedroom 1 bath 4 buildings with a laundry room and storage Income:: $103,800 yearly rents = $8650 monthly rents Expenses: $43,977 Yearly Expenses $60,003 yearly cash flow divided by $595,000 sales price is a 10.08% CAP RATE after expenses and 17.44% before exp Yearly Expenses breakdown: $11,147 will give you a 10.73% Vacancy / repair expense $1440 extermination fee $4500 Insurance estimate $1500 Landscape $9600 average water bill $4248 Trash pickup $5930 taxes $5432 Management fee at 6% of gross rents $43,977 Total Yearly Expenses
9 houses for sale $395,000 for 9 houses = $43,888.89 Average price per house in a package deal 7 @ 2 bedroom 1 bath 1 @ 3 bedroom 1 bath 1 @ 4 bedroom 2 bath All the houses were renovated in 2007 with new roofs, New windows, new central heat and air, new flooring, New doors, new cabinets and new hot water tanks. All of them have washer/dryer connections ( some have ungraded plumbing and electric Income: $65,280 Yearly Rents = $5440 Monthly Expenses: $19,497 Total yearly Expenses ( I will break it down for you below) $45,783 yearly cash flow divided by $395,000 sales price is a 11.59% CAP RATE after expenses and 16.53% before expenses Yearly Expenses breakdown: $3600 average Insurance $4147 average Taxes $5222 Management fees 8% $6528 Vacancy rate at 10% $19,497 Total Yearly Expenses Rent Breakdown: $560 1001 N. Ransom $595 1003 New Beginnings Ave $595 1010 New Beginnings Ave $595 1011 New Beginnings Ave $550 1012 New Beginnings Ave ( section 8 tenant) $730 1013 New Beginnings Ave ( 4 bedroom house) $595 1027 New Beginnings Ave $625 1036 New Beginnings Ave ( 3 bedroom house) $595 1037 New Beginnings Ave
Price Upon Req.163,296 SF
Capstone Apartment Partners is pleased to present Green Tree Apartments, a well-located, 1970' s vintage asset with immediate value-add potential in the Kings Mountain submarket of the Charlotte MSA. Green Tree represents a rare opportunity to acquire an ideally positioned asset with significant physical and operational value-add potential that offers an ideal mix of large floorplans in an area experiencing unprecedented levels of growth and economic investment. **PLEASE CLICK LINK TO REGISTER & DOWNLOAD OFFERING MEMO**
Duplex Unit located just of Cannons Campground Rd. Immaculate maintenance history. Fully occupied. Spreadsheets w/replacement and repaid dates on all items from HVAC, painting, filters, etc. Duplex unit could be packaged w/3 quadraplex units on Stonecreek Road. Financials available. All brick.
7 apartments - (2) 1 BR 1 bath & (5) 2 BR 1 bath. New roof. HAPP approved. One vacancy. Low maintenance. Rent from $375 to $425 per month.
Ten rental properties - all single family residences. Properties are located in Gastonia and Mount Holly.
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Oak Hill Square is an exceptionally well-maintained apartment community located in a strong rental market. With value pricing and below-market rents it offers an investor great upside potential with an opportunity to steadily increase returns over time.