This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

1200 E Academy St
Cherryville, NC 28021
Eastwood · Multifamily Property For Sale · 14 Units

PROPERTY FACTS

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 9.63 AC
Building Size 10,600 SF
No. Stories 1
Year Built 1986
Zoning APT01

ABOUT 1200 E ACADEMY ST , CHERRYVILLE, NC 28021

Waterstone Multi-Family Group is pleased to present Eastwood Apartments, located at 1200 E. Academy Street in Cherryville NC. Built in 1986, the community has two buildings that consist of 14 units total. The property has ample parking with over 2 spots per unit. Each unit has a back porch with a laundry room equipped with washers and dryers and extra room for storage. Rents are well below market rent giving the opportunity to increase income. The lot consists of more than 9 acres so there is plenty of excess land where additional units or amenities (garages, storage, etc.) could be added if desired. The current ownership has great vendor connections for all maintenance needs. This property has been well maintained by the owner and has very minimal deferred maintenance. Eastwood is located close to shopping, dining, and multiple parks.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
160413
Land Assessment
$0
Improvements Assessment
$929,440
Total Assessment
$929,440
  • Listing ID: 15998786

  • Date on Market: 5/9/2019

  • Last Updated:

  • Address: 1200 E Academy St, Cherryville, NC 28021

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}