831 McAlway Rd - Apartments FOR SALE


Charlotte, NC 28211- Wendover-Sedgewood
$1,500,000 USD
615-971-1553
831 McAlway Rd, Charlotte, NC for Sale
$1,500,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

831 McAlway Rd
Charlotte, NC 28211
Wendover-Sedgewood


HIGHLIGHTS

  • Prime Cotswold Location
  • Turnkey Investment with room to raise rents

OVERVIEW

This turnkey 8-unit apartment complex presents an exceptional investment opportunity in Cotswold area of Charlotte NC. Offering a strong tenant base located in a prime location at the corner on McAlway Rd and a block from N Wendover. The property includes four 2/1.5 units and four 1/1 units, with 6 units fully renovated requiring minimal maintenance. Convenient area with retail nearby and easy access to all of Charlotte's best amenities – this property offers immediate income and long-term value.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McAlway Chateau

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

N2-B

APN/PARCEL ID

157-102-20

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 Policy.