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2336-2404 Julia Ave 10 Unit Mobile Home Park $1,500,000 ($150,000/Unit) Charlotte, NC 28206

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INVESTMENT HIGHLIGHTS

Majority of Units Renovated
Directly in path of growth

Townhome Style Units

EXECUTIVE SUMMARY

This 10-unit multifamily asset presents a clean lease-up opportunity in North Charlotte with immediate operational upside. The property is currently ~50% occupied, with four of five vacant units in rent-ready condition and one remaining unit requiring renovation, allowing you to drive near-term NOI growth with limited CapEx needs. All units are 2BR/1.5BA townhome-style layouts averaging ~918 SF, offering larger floorplans that support strong market rents. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the property benefits from durable rental demand within an active growth corridor.

Final_2336Julia

PROPERTY FACTS

Price	$1,500,000	Lot Size	0.56 AC
Price Per Unit	$150,000	Building Size	11,398 SF
Sale Type	Investment	Average Occupancy	50%
No. Units	10	No. Stories	2
Property Type	Multifamily	Year Built	1965
Property Subtype	Manufactured Housing/Mobile Home Multifamily Apartments	Parking Ratio	2.11/1,000 SF
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	R22MF

Price	$1,500,000
Price Per Unit	$150,000
Sale Type	Investment
No. Units	10
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home Multifamily Apartments
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.56 AC
Building Size	11,398 SF
Average Occupancy	50%
No. Stories	2
Year Built	1965
Parking Ratio	2.11/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R22MF