306 N Jackson St - Apartments FOR SALE


Salisbury, NC 28144- Downtown Salisbury
$1,850,000 USD
615-971-1553
306 N Jackson St, Salisbury, NC for Sale
$1,850,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

306 N Jackson St
Salisbury, NC 28144
Downtown Salisbury


HIGHLIGHTS

  • ALL UNITS RENOVATED SINCE 2022
  • WALKING DISTANCE TO DOWNTOWN SALISBURY

OVERVIEW

Jackson Street Flats is a turnkey 15-unit multifamily offering in Salisbury, NC - walking distance to historic downtown dining, breweries, and retail. Built in 1969, the property sits on ±0.80 acres and has been fully renovated since 2022 with LVP flooring, updated countertops, refreshed bathrooms, new appliances, and modern fixtures throughout. Unit mix of nine 1BR/1BA and six 2BR/1BA. Currently 11/15 occupied with 4 vacant units offering immediate lease-up upside to market rents.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

15

PRICE/UNIT

$123,333

CAP RATE

Request Cap Rate

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,804 SF

ZONING

-

APN/PARCEL ID

006-466

ASK ABOUT THIS PROPERTY

Zach BrittBritt Commercial Real Estate LLCMore Info
615-971-1553

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Zach BrittBritt Commercial Real Estate LLCMore Info
615-971-1553

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