Listed by Britt Commercial Real Estate
$1,350,000
Value Add 12 unit | 2416 Julia Ave
Details
Property Type Multifamily
Square Footage 8,400
Units 12
Occupancy 75%
Year Built 1965
Buildings 12
Acreage 0.970
Zoning N2-B
Investment Type Value Add
Value Add 12 unit in North Charlotte
Marketing description
2416 Julia presents an opportunity to acquire a 12-unit community comprised entirely of standalone 2BR/1BA homes, offering tenants the privacy and feel of single-family living. All utilities are individually metered. The property presents a compelling value-add opportunity through renovation and lease-up, with eight units currently occupied and the remaining units offering immediate upside through vacancy and turnover. Baseboard heat and window A/C keep maintenance straightforward
Investment highlights
- Value Add Opportunity
- Growth Corridor in North Charlotte
- Stand-alone units with stronger tenant appeal
Listing Contacts
Listed by Britt Commercial Real Estate
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