71 Maple St - Multi-Family FOR SALE


Clyde, NC 28721
$815,000 USD
615-971-1553
71 Maple St, Clyde, NC for Sale
$815,000 USD
Multi-Family - FOR SALE
1/20
null | 6.39% Cap Rate

71 Maple St
Clyde, NC 28721


HIGHLIGHTS

  • High in-place NOI
  • Clear path to income growth

OVERVIEW

Well-positioned 5-unit in the heart of Clyde, just 20–25 minutes from Asheville, and was completely unaffected by Hurricane Helene! The unit mix includes two 1BR/1BA units and three 2BR/1.5BA units, all with individually metered utilities. New roof in 2022! Current ownership has completed light renovations, providing a solid baseline with plenty of room to push rents through additional upgrades, or continue to cashflow as-is with the strong in-place NOI! With further improvements, the property offers clear rent growth and long-term upside.

FOR SALE DETAILS

PRICE

$815,000 USD

PRICE/SF

$227 USD /SF

# OF UNITS

5

PRICE/UNIT

$163,000

CAP RATE

6.39%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

8637-61-7603

ASK ABOUT THIS PROPERTY

Zach BrittThe Moser Group, Inc.More Info
615-971-1553

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Zach BrittThe Moser Group, Inc.More Info
615-971-1553

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