Projected CAP rate = 8% to 9%. ..................Per research North Carolina is one of the 4 states in US to continue experice significant growth in next two decades. Charlotte MSA ( metro region) is going to experience growth for next two decades. Concord area ( which is part of Charlotte MSA) is expected to grow at a ate of 34% or more in next decade! This 129 Unit, 4 block aparments for $15 million is a killer deal for any investors. Swimming pool, park, club house.
Off market
Price Unknown
170 Emery Ave NW, Concord, NC 28027
220beds
0baths
124,000sqft
Apartments
Built in 2019
-- sqft lot
$-- Zestimate®
$--/sqft
$1,137 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 220
- Bathrooms: 0
Heating
- Forced air, Gas
Appliances
- Included: Dishwasher, Dryer
Interior area
- Total interior livable area: 124,000 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 8.20 Acres
Details
- Parcel number: 56118939950000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartments
Condition
- Year built: 2019
Community & neighborhood
Location
- Region: Concord
Other
Other facts
- Equipment: Disposal, CO Detector, Convection Oven
- Water: City Water
- Laundry Location: Other
- Property Sub Type: Apartments
- Parking: Lot
- New Construction YN: 1
- Foundation Details: Concrete
- Construction Type: Site Built
- MLS: Carolina MLS
- Road Responsibility: Publicly Maintained Road
- Parcel Number: 56118939950000