704-927-1454
500 Queens Rd, Charlotte, NC for Sale
Apartments - FOR SALE
1/2
null | Request Cap Rate

500 Queens Rd
Charlotte, NC 28207
Cherry


HIGHLIGHTS

  • Prime development opportunity in affluent Charlotte submarket
  • Income-producing existing improvements

OVERVIEW

CBRE Private Clients is pleased to present an exclusive opportunity to purchase 500-510 Queens Road, a covered-land assemblage positioned for redevelopment in Charlotte’s coveted and highly sought-after Myers Park neighborhood. The offering consists of two contiguous short-term rental multifamily buildings located on prestigious Queens Road in the heart of Myers Park. Together, the properties present a rare opportunity to acquire covered-land, assemble and reposition a highly visible site into a boutique, luxury condominium development. The existing improvements provide immediate income, while the combined scale and frontage enable efficient site planning for a best-in-class residential development.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

18

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

500 & 510 Queens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

R22MF

APN/PARCEL ID

125-233-18

ASK ABOUT THIS PROPERTY

704-927-1454

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

704-927-1454

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