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Listing 1 out of 498
$14,999,999 For Sale

170 Emery Avenue NW #(129 UNI
Concord, NC 28104

129 units | Multi Family Home
8.2 acres - MLS# 3468916
Property Photo
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Description

Projected CAP rate = 7.5% to 8%. ..................Per research (US census, Universities) North Carolina is one of the 6 states in US to continue experience significant growth in population over next three decades. Charlotte MSA ( metro region) is expected to continue to be largest metro region in Carolina's for next several decades with Concord area (which is part of Charlotte MSA) is expected to grow at 34% or more in next decade! This 129 Unit, 4 block apartments for $15 million is a killer deal for any investors. Swimming pool, park, club house. Proforma, projected CAP rate, concept video and any other information is available on request. -----------------------> What SELLER is looking for ? : SALE of property at construction phase with CLOSING with in 30 days of occupancy certificate.

Features

  • Property Type: Multi Family Home
  • Sub Type: Apartments
  • New Construction: Y
  • Listing Status: Active
  • County/Area: Cabarrus County
  • Zip Code: 28104
  • Year Built: 2019
  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Northwest Cabarrus
  • Sq.Ft.: 124,000 sq ft
  • Units: 129 units
  • Bedrooms: 220
  • Lot Size: 8.2 acres
  • Area: All Areas
  • Construction Status: Under Construction
  • Construction Type: Site Built
  • Equipment: CO Detector, Convection Oven, Dishwasher, Disposal, Dryer
  • Exterior Construction: Vinyl
  • Foundation Details: Concrete
  • Heating: Central Air
  • Number Of Projected Units Total: 129
  • Parking: Lot
  • Sewer: City Sewer
  • Total Heated Sqft: 124000
  • Water: City Water
  • Water Heater: Gas
  • Zoning Specification: RC
Courtesy of Ram Realty Llc

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Testimonials

Cheryl is the most amazing agent to work with! Since I have worked with her I have recommended her every single time a friend of mine mentioned plans to buy a house. Cheryl is kind and understands her customers needs. Not many agents care about the purchaser actually being happy and Cheryl makes sure her clients are! She went above and beyond for me so that I could move into my house on the day planned, traveling more in one day than anyone could expect from her- just to get my paperwork filed. She was always patient and honest when she felt a house didn't fit my lifestyle and I truly love the decision I have made. Cheryl is more than an agent, she is the person you can trust trhoughout the process - a true partner. I would recommend her any day! Kirsten Hobley
We actually starting looking for realtors starting in 2010 and through it all we found the best in realty. Cheryl Powell answered all of our questions even though we were just looking at that time. In 2012, we contacted Cheryl for her assistance in purchasing a home. We needed someone who knew about the programs out there to assist us here in North Carolina. Cheryl provided us service from beginning to the time of closing. After closing we still like to stay in contact to let her know we are thinking of her. When anyone states they are in the process or need information about purchasing, I refer Cheryl Powell. K. McGriff
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