Historical Multifamily Sale Listing - Cedarbend

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Cedarbend

1308 South Hayne Street, Monroe, NC 28112

N/A

16 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
16
Building Size:
15,500 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
9.70%
Occupancy:
100%
No. Stories:
2
Year Built:
2003
Lot Size:
2.09 AC
APN / Parcel ID:
09-237-056
Parking Ratio:
2 / 1,000 SF
Listing ID
17035572
Last Updated
over 1 year ago

Description

Modern 16 unit rental complex. Feature two 8 unit bldgs. Units are each 2 stories with 2BR and 1.5 bath. Excel. rental hist. with low vacancy & expenses. Small owner/ well maintained investmt. Rents @ $650 per unit. 14.25% ROI (call for details) 2 parking space per unit. Owner resp. for trash,lawn maint, water/sewer, common area electricity. Equipped with refrig. dishwasher & stove.

Directions: Hwy. 74 east from Charlotte to monroe. Take right at Skyway Drive, travel thru Monroe and road turns into S. Haynes Street. property on right side.

Map of 1308 South Hayne Street, Monroe, NC 28112 (Union County)

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