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$3,000,000
47 Beds
- 23 Baths
23 full baths
17,222sqft
2479 Julia Ave, Charlotte, NC 28206
$3,000,000
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Apartment
Built in 1960
$-- HOA
2.28 acres lot
$174/sq.ft
Description
This 22-unit multifamily community offers a strong lease-up and stabilization opportunity in North Charlotte with limited remaining execution risk as the improvements have been made! The property is currently ~64% occupied, with the majority of units renovated and remaining vacant units largely rent-ready, allowing for immediate NOI growth through leasing. Only the clubhouse/SFR unit and one additional unit remain unrenovated, while significant capital improvements, including new roofs, updated HVAC systems, and extensive unit renovations, have already been completed. Clubhouse built 1940, apartments are 1960. Located minutes from Camp North End and less than 10 minutes f...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1960
HOA Fees
-
Finished Area
17,222 sqft
Lot Size
2.28 acres lot
Basement Area
- sqft
MLS Name
Canopy MLS
MLS Number
4340001
MLS Status
Active
Days on Market
187
Cumulative Days on Market
18
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