Your next investment opportunity! The owners of this multifamily property have renovated units to varying degrees as the units have come available.? Renovation highlights include: ?New flooring ?New kitchen cabinets ?New HVAC units ?New hot water heaters ?Energy efficient windows ?LED lighting Property Addition: ?On-sight laundry ?New washers/dryers in 2024 Office on Property ?There is an office on the property not currently being utilized that could produce additional income LOCATION.? LOCATION.? LOCATION! Conover sits in the Hickory–Lenoir–Morganton MSA, which is undergoing a manufacturing and logistics resurgence.? Direct access to I-40, US-70, and NC-16 easily connects Conover to Hickory (~10 min), Charlotte (~45 min), and Winston-Salem (~1 hour).? Positioned along the NC Freight Rail Corridor & close to regional airports makes it ideal for logistics, workforce housing, and tenant accessibility.? Companies like Apple, Corning, and Prysmian Group are fueling regional growth, bringing high-paying blue and white-collar jobs within a 30-minute commute.? Conover is nestled between Charlotte and the Research Triangle, both of which anchor North Carolina's tech and data economy.? Specifically: Apple’s $1B data center in nearby Maiden, NC (just 15 mins from Conover) Google’s $600M data facility in Lenoir (35 mins from Conover) Facebook (Meta) and others have shown long-term interest in this energy-stable region for data operations These data centers came for the cheap land, robust electrical grid, and fiber infrastructure that runs along this region’s rail and highway corridors.? LOCATION.? LOCATION.? LOCATION! Industrial-Tech Convergence This area blends: ?Legacy manufacturing infrastructure ?A growing logistics sector ?Newer investments in tech-enabled manufacturing, like robotics, AI-driven warehousing, and precision machining ?The fiber and power infrastructure left behind (or built anew) by data center expansion has made this corridor ripe for tech-adjacent commercial and multifamily growth — hence, a kind of “data meets industrial” corridor.? Conover is strategically positioned in a fiber-rich, infrastructure-heavy corridor that supports tech, logistics, and scalable housing demand.? Unit Mix: 12 Units: ?1,150 sq ft ?3 bed, 1.5 bath ?Townhouse style ?Current rents: $1,350 12 Units: ?950 sq ft ?2 bed, 1.5 bath ?Townhouse style ?Current rents: $1,150 6 Units: ?750 sq ft ?1 bed, 1 bath ?Garden style ?Current rents: $950