137 W Mountain St, Rutherfordton, NC 28139

Beautifully remodeled low-maintenance small (55+) 12 unit apartment complex in a prime location with room to expand. 9% Cap Rate at list price. Meticulously Maintained Building and Property. Very low tenant turn-over. Property has stayed full with a waiting list since the 2021 full remodel. Building includes leasing office, coin laundry facilities, ice machine and vending. New since 2020: 40 year metal roof, re-paved entire parking lot, landscaping, signage, almost all building wiring and plumbing replaced or upgraded, all new appliances, water heaters and kitchens, insulation, windows, new A/C units (central and PTAC type).