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2225 Alma Ct 6 Unit Apartment Building $1,000,000 ($166,667/Unit) Charlotte, NC 28206
Investment Highlights
- Turnkey Assets
- Directly in path of growth
- Vacant unit is rent-ready
Executive Summary
This 6-unit multifamily asset offers a fully turnkey investment opportunity in North Charlotte with immediate upside through lease-up. The property is currently 83% occupied (5 of 6 units), with the vacant unit fully renovated and rent-ready, allowing for quick NOI acceleration. All units feature 2BR/1BA layouts averaging ~776 SF, and the asset has benefited from significant capital improvements, including a new roof, updated HVAC systems, and comprehensive unit renovations. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the property sits within an established growth corridor with durable rental demand.
Property Facts
| Price | $1,000,000 | Building Class | C |
| Price Per Unit | $166,667 | Building Size | 4,656 SF |
| Sale Type | Investment | Average Occupancy | 83% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $1,000,000 |
| Price Per Unit | $166,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 4,656 SF |
| Average Occupancy | 83% |
| No. Stories | 1 |
| Year Built | 1964 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Walk-Up
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Property Taxes
| Parcel Number | 077-052-23 | Improvements Assessment | $385,700 |
| Land Assessment | $183,700 | Total Assessment | $569,400 |
Property Taxes
Parcel Number
077-052-23
Land Assessment
$183,700
Improvements Assessment
$385,700
Total Assessment
$569,400
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Videos
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Presented by
Britt Commercial Real Estate LLC
2225 Alma Ct
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