• DESCRIPTION

    Projected CAP rate = 7.5% to 8%. ..................Per research (US census, Universities) North Carolina is one of the 6 states in US to continue experience significant growth in population over next three decades. Charlotte MSA ( metro region) is expected to continue to be largest metro region in Carolina's for next several decades with Concord area (which is part of Charlotte MSA) is expected to grow at 34% or more in next decade! This 129 Unit, 4 block apartments for $15 million is a killer deal for any investors. Swimming pool, park, club house. Proforma, projected CAP rate, concept video and any other information is available on request. -----------------------> What SELLER is looking for ? : SALE of property at construction phase with CLOSING with in 30 days of occupancy certificate.

    KEY DETAILS
    • Price:
    • $14,999,999
    • Bedrooms:
    • 220
    • Full Baths:
    • 0
    • Square Footage:
    • 124,000
    • Acreage:
    • 8.20
    • Year Built:
    • 2019
    • MLS #:
    • 3468916
    • Street Address:
    • 170 Emery Ave Nw (129 Unit Apartments)
    • City:
    • Concord
    • State:
    • NC
    • Postal Code:
    • 28104
    • County:
    • Cabarrus
    • Listing Status:
    • For Sale - Active

    Building

    • Construction Description:
    • Vinyl
    • Construction Status:
    • Under Construction
    • Construction Type:
    • Site Built
    • Foundation:
    • Concrete
    • New Construction:
    • 1
    • Number Of Units:
    • 129
    • Total Building Square Footage:
    • 124000
    • Year Built:
    • 2019

    Listing

    • Days On Market:
    • 183

    Structures

    • Parking Description:
    • Lot

    Systems

    • Equipment:
    • Co Detector, Convection Oven, Dishwasher, Disposal, Dryer
    • Existing Water:
    • City Water
    • Hvac:
    • Central Air
    • Sewage Type:
    • City Sewer
    • Water Heater:
    • Gas

    Source

    • Listing Provided By Ram Realty LLC

      CRRA
    School data provided by
    GreatSchools
    REQUEST SHOWING
    SCHOOL RATINGS
    n/a

    UNSPECIFIED
    Elementary School
    Public

    n/a

    UNSPECIFIED
    Junior High School
    Public

    5

    NORTHWEST CABARRUS HIGH
    High School
    Public

    NOTES

    No notes have been added for this home.

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