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170 Emery Avenue NW (129 UNIT APARTMENTS)

Concord, NC 28104
$14,999,999
active

220
bed
124,000
total sqft

Property 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.

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Property Facts

List Price
$14,999,999
Status
active
Beds
220
Property Type
Apartments
MLS Number
3468916
Number of Units
129
New Construction
Yes

Location

State
NC
City
Concord
Zip
28104
County
Cabarrus
Elementary School
Unspecified
Middle School
Unspecified
High School
Northwest Cabarrus

Interior

Exterior

Additional Details

Local Info

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Listing Office: Ram Realty LLC
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Helen Adams Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. ©2019 Carolina Multiple Listing Services, Inc.