1090 7th Ave NW | Hickory, NC 28601
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- LoopNet Team
1090 7th Ave NW
Hickory, NC 28601
Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity, Convenient to major employers, U.S. Route 321 with direct access to Charlotte, and close proximity to Downtown Hickory
- Convenient Location with Easy Accessibility to Major Employers, Retail Corridors, Highways, and Schools, and Charlotte Douglas Internaional Airport
- Upside Potential Through Rent Growth and Modernizing Units to Capture Renter Demand for Units near Downtown Hickory.
PROPERTY FACTS
| No. Units | 14 | Building Size | 9,800 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 2.86/1,000 SF |
| Lot Size | 1.09 AC | ||
| Zoning | R-3 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 9,800 SF |
| Average Occupancy | 98% |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 2.86/1,000 SF |
| Zoning | R-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | $712.50 | 700 |
PROPERTY TAXES
| Parcel Number | 3703130347520000 | Improvements Assessment | $402,400 |
| Land Assessment | $55,700 | Total Assessment | $458,100 |
PROPERTY TAXES
Parcel Number
3703130347520000
Land Assessment
$55,700
Improvements Assessment
$402,400
Total Assessment
$458,100
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