71 Maple St - Apartments FOR SALE


Clyde, NC 28721
$750,000 USD
615-971-1553
71 Maple St, Clyde, NC for Sale
$750,000 USD
Apartments - FOR SALE
1/42
null | 6.95% Cap Rate

71 Maple St
Clyde, NC 28721


HIGHLIGHTS

  • Strong In-Place NOI
  • Low Maintenance Asset
  • Rare Opportunity in Supply Constrained submarket!

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 installed in 2022! Current ownership has completed mix of full and 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!

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$298 USD /SF

# OF UNITS

5

PRICE/UNIT

$150,000

CAP RATE

6.95%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

CC-2

APN/PARCEL ID

8637-61-7603

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.