319 Osceola St - Apartments FOR SALE


Gastonia, NC 28054
$1,100,000 USD
615-971-1553
319 Osceola St, Gastonia, NC for Sale
$1,100,000 USD
Apartments - FOR SALE
1/40
null | 7% Cap Rate

319 Osceola St
Gastonia, NC 28054


OVERVIEW

319 Osceola St is a fully renovated, turnkey 8-unit multifamily asset located just minutes from downtown Gastonia. The property features a balanced unit mix of four 2BR/2BA units and four 1BR/1BA units, with 7 of 8 units currently occupied and generating strong in-place cash flow. Current ownership has completed substantial capital improvements, including a new roof, parking lot, siding, windows, HVACs, and interior renovations across all units. There is still NOI upside through leasing the remaining vacant unit and benefiting from the continued market rent growth in Gastonia!

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

8

PRICE/UNIT

$137,500

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

APT01

APN/PARCEL ID

112583

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.