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.
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
Lot Size: 8.2 acres
Area: All Areas
Construction Status: Under Construction
Construction Type: Site Built
Equipment: CO Detector, Convection Oven, Dishwasher, Disposal, Dryer
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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2019 Carolina Multiple Listing Services, Inc.
Data last updated 2019-06-18