Listed by Britt Commercial Real Estate
$950,000
6 Unit | 2232 Alma Ct
Details
APN 07705225
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,656
Units 6
Occupancy 33%
Price per SqFt $204
Broker Co-Op Yes
Year Built 1964
Buildings 6
Stories 1
Investment Type Value Add
6 unit in North Charlotte
Marketing description
This 6-unit asset offers a clean value-add lease-up opportunity in North Charlotte with limited remaining execution risk. The property is currently ~33% occupied, with the majority of vacant units rent-ready and one unit requiring renovation, providing a clear path to near-term NOI growth. All units feature 2BR/1BA layouts averaging ~776 SF, with strong market rent support and substantial capital improvements already completed with the majority of units renovated, replaced roofs on 4, and HVACs. 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
Listed by Britt Commercial Real Estate
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