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29350358
29350381

2479 Julia Ave, Charlotte, NC 28206 For Sale

ZB
NC NC 315119
Britt Commercial Real Estate
Listed by Britt Commercial Real Estate
$3,000,000
181 days on market
Updated 5 days ago
Opportunity zone

22 Units - 2479 Julia Ave

Details
APN 07705249
Property Type Multifamily
Sub Type Apartment Building
Square Footage 17,222
Units 22
Occupancy 64%
Price per SqFt $174
Broker Co-Op Yes
Year Built 1960 & 1940
Buildings 22
Stories 1
Investment Type Value Add

Operational Value-Add opportunity in Charlotte

Marketing description

This 22-unit multifamily community offers a strong lease-up and stabilization opportunity in North Charlotte with limited remaining execution risk as the improvements have been made! The property is currently ~64% occupied, with the majority of units renovated and remaining vacant units largely rent-ready, allowing for immediate NOI growth through leasing. Only the clubhouse/SFR unit and one additional unit remain unrenovated, while significant capital improvements, including new roofs, updated HVAC systems, and extensive unit renovations, have already been completed. Clubhouse built 1940, apartments are 1960. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the asset sits within an active growth corridor supported by durable rental demand.

Listing Contacts

ZB
NC NC 315119
Britt Commercial Real Estate
Listed by Britt Commercial Real Estate

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Additional Information

Name
Zachary Britt
License
NC 315119
Brokerage
Britt Commercial Real Estate
Brokerage Phone
6159711553
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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