Description
This fully occupied 8 unit apartment complex, located in the thriving Charlotte submarket of Mooresville, has been fully renovated and is currently providing the owners a reliable, low-risk cash flow with the potential to increase the NOI as rents are adjusted to reflect the market. The apartment consists of seven units with 3 bedrooms and one unit with 4 bedrooms with tenants paying their own utilities. The property is suitable for an absentee owner/investor as it is under professional management.Detailed Income/Expense information is available upon request. New roof, HVAC units have been updated as needed and complete interior rehab.
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25BEDS
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0.48ACRES
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16BATHS
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01/2 BATHS
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12,895SQFT
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$161$/SQFT
School Information
Offered by Exp Realty Llc. Copyright 2022 Canopy MLS. All rights reserved.Description
This fully occupied 8 unit apartment complex, located in the thriving Charlotte submarket of Mooresville, has been fully renovated and is currently providing the owners a reliable, low-risk cash flow with the potential to increase the NOI as rents are adjusted to reflect the market. The apartment consists of seven units with 3 bedrooms and one unit with 4 bedrooms with tenants paying their own utilities. The property is suitable for an absentee owner/investor as it is under professional management.Detailed Income/Expense information is available upon request. New roof, HVAC units have been updated as needed and complete interior rehab.
Based on information submitted to the MLS GRID as of 2022-05-27T23:33:03.183 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither SBM Realty Advisors nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.
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