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Browse More Listings in Multifamily For Sale, Charlotte, NC or North Carolina

Multifamily Property For Sale

Apartments.Extremely rare opportunity.

4156 Hiddenbrook DR, Charlotte, NC 28205

Price:
$995,000
No. Units:
20
Building Size:
12,646 SF
Price/Unit:
$49,750
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
8%
Occupancy:
100%
No. Stories:
1
Year Built:
1975
Lot Size:
1.66 SF
Find Out More...

Last Verified 10/30/2009 Listing ID 16439868

Highlights

100% occupancy.
Located in the hot Cotswold/Oakhurst neighborhoods
Easy to rent and manage.

All brick construction.
High income location!
Condo conversion potential.

Description

Extremely rare opportunity!Located in the hot Cotswold/Oakhurst neighborhoods.A short few miles from Uptown Charlotte and very close to Cotswold shopping center&Southpark.All brick 20 unit complex is easy to maintain and is always occupied. Property values and rents have soared in this location. Complex is not in a low income area and is surrounded by nice single family homes. Landmark location.

From Uptown Charlotte take 7th st. Cross over Wendover/Eastway and take a left onto Commonwealth Ave. Oakhurst Elementary is your landmark.Turn right on Hiddenbrook and the complex will be on your right.

Financial Summary

Unit Mix Information

Actual
Scheduled Gross Income
$80,000
Net Operating Income
$80,000

Description	No. Units	Avg. Mo. Rent	Sq. Ft.
5 buildings. All one bedroom units.	20	$550	632

Map of 4156 Hiddenbrook DR, Charlotte, NC 28205 (Mecklenburg County)

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Presented by

TOWN REALTY LLC

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Contact Listing Broker

Keith Brodsky (704) 449-4663

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Created 10/21/2009

Additional Information for 4156 Hiddenbrook Drive, Charlotte, NC 28205

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Apartments.Extremely rare opportunity.

4156 Hiddenbrook DR, Charlotte, NC, 28205