300 E Charlotte Ave - Apartments FOR SALE


Mount Holly, NC 28120
$4,250,000 USD
704-274-1830
300 E Charlotte Ave, Mount Holly, NC for Sale
$4,250,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

300 E Charlotte Ave
Mount Holly, NC 28120


HIGHLIGHTS

  • The Property – 28 renovated two-bedroom townhomes featuring modern finishes, private patios, washer/dryer hookups, and exterior upgrades.
  • $1.4M in Recent Capital Improvements – Recent renovations enhance curb appeal, reduce maintenance needs, and support stronger operational performance.
  • Main & Main Location – Walkable Mount Holly location near employers, dining, retail, breweries, and just 20 minutes from Uptown Charlotte.
  • The Opportunity – Below-market rents offer new ownership a clear path to capture upside through continued lease-up.
  • Booming Submarket – Mount Holly benefits from strong regional growth, expanding amenities, and rising rental demand.

OVERVIEW

Comprised of 28 two-bedroom, one-and-a-half-bathroom townhomes averaging 1,000 square feet, The 28 at Mount Holly recently underwent an extensive 2025 renovation program totaling approximately $1.4 million. Each residence features washer/dryer hookups and a private patio adjacent to the first-floor dining area, while interior upgrades include granite countertops, stainless steel appliances, white shaker-style cabinetry and hardware, luxury vinyl plank flooring, smart lock technology, and new sliding glass doors. Capital improvements also included a parking lot overlay, replacement of all HVAC systems, new windows, gutters and downspouts, patio fencing, and individual water/sewer metering. Located one block from downtown Mount Holly and approximately 20 minutes from Uptown Charlotte, the property is within walking distance of local restaurants, breweries, coffee shops, and major employment drivers, including the CaroMont Regional Medical Center.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$152 USD /SF

# OF UNITS

28

PRICE/UNIT

$151,786

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The 28 at Mount Holly

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

B-1

APN/PARCEL ID

123622

ASK ABOUT THIS PROPERTY

Hayden DavisGreysteelMore Info
704-274-1830

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Hayden DavisGreysteelMore Info
704-274-1830

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.