Apartments For Sale • 26,346 SF
| 100% Updated Units: All 32 units updated: 25 cosmetically upgraded and 7 fully renovated with new kitchens, appliances, and flooring. |
| $275K Recent Capex: $275,000 invested in crawl space work, electrical, plumbing, and minor roof repairs across the property. |
| Multiple Value-Add Levers: Rent growth, water billback on 16 units, flood zone reassessment, and potential tax abatement upside. |
| Charlotte MSA Location: Approximately 40 miles south of Charlotte in the fast-growing Charlotte-Concord-Gastonia MSA. |
| Lancaster County Employment: Anchored by Nutramax Laboratories, Continental Tire, Movement Mortgage, and Founders Federal Credit Union. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Charlotte/Douglas International | 65 min | - | 40.8 mi |