Listed by Britt Commercial Real Estate
$1,250,000
11 Units | 2427 Carmine St
Details
APN 07705105
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,517
Units 11
Occupancy 45%
Price per SqFt $192
Broker Co-Op Yes
Year Built 1963
Buildings 3
Stories 1
Investment Type Value Add
Value Add in North Charlotte!
Marketing description
This 11-unit multifamily asset offers a straight-forward value-add opportunity in North Charlotte's path of growth. The property is currently ~45% occupied, with some vacancies immediately rent-ready and others requiring finishing the renovation plan to drive NOI growth. The unit mix consists of six 2BR/1BA units and 5 1BR/1BA units. Significant capital improvements have been carried out by current ownership including exterior, roof, HVACs, and multiple unit renovations
Listing Contacts
Listed by Britt Commercial Real Estate
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