Listed by JLL - Charlotte, North Carolina
$6,750,000
Brookside Townhomes
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 68,080
Units 60
Cap Rate 6.75%
Occupancy 93%
Price per SqFt $99
Class B
Year Built 1974
Year Renovated 2024
Buildings 11
Stories 2
Acreage 8.000
Investment Type Value Add
Occupancy Date 03/17/2026
Brookside Townhomes
Investment highlights
There remains untapped potential for unit renovations. The 35 units already upgraded have demonstrated an average increase of $150 in monthly rental income.
Water submetering systems were implemented and the first month of water recovery is in the September Financials.
All units are equipped with washer and dryer connections, presenting an opportunity for in-unit laundry facility installations to further increase property value.
Attractive <6% financing options available upon request.
Listing Contacts
Listed by JLL - Charlotte, North Carolina
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Zoning
RM8 ResidentialMulti FamilyResidential Multifamily
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View all 151 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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