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300 E Charlotte Ave
Mount Holly, NC 28120
The 28 at Mount Holly · Multifamily Property For Sale
·
28 Units
Investment Highlights
- The Property – 28 renovated two-bedroom townhomes featuring modern finishes, private patios, washer/dryer hookups, and exterior upgrades.
- Main & Main Location – Walkable Mount Holly location near employers, dining, retail, breweries, and just 20 minutes from Uptown Charlotte.
- Booming Submarket – Mount Holly benefits from strong regional growth, expanding amenities, and rising rental demand.
- $1.4M in Recent Capital Improvements – Recent renovations enhance curb appeal, reduce maintenance needs, and support stronger operational performance.
- The Opportunity – Below-market rents offer new ownership a clear path to capture upside through continued lease-up.
Executive Summary
Comprised of 28 two-bedroom, one-and-a-half-bathroom townhomes averaging 1,000 square feet, The 28 at Mount Holly recently underwent an extensive 2025 renovation program totaling approximately $1.4 million. Each residence features washer/dryer hookups and a private patio adjacent to the first-floor dining area, while interior upgrades include granite countertops, stainless steel appliances, white shaker-style cabinetry and hardware, luxury vinyl plank flooring, smart lock technology, and new sliding glass doors. Capital improvements also included a parking lot overlay, replacement of all HVAC systems, new windows, gutters and downspouts, patio fencing, and individual water/sewer metering. Located one block from downtown Mount Holly and approximately 20 minutes from Uptown Charlotte, the property is within walking distance of local restaurants, breweries, coffee shops, and major employment drivers, including the CaroMont Regional Medical Center.
Property Facts
| Price Per Unit | $151,786 | Lot Size | 1.87 AC |
| Sale Type | Investment | Building Size | 28,000 SF |
| No. Units | 28 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1973/2025 |
| Apartment Style | Garden | Parking Ratio | 1.43/1,000 SF |
| Building Class | C | ||
| Zoning | B-1 - Multi Family | ||
| Price Per Unit | $151,786 |
| Sale Type | Investment |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.87 AC |
| Building Size | 28,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2025 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | B-1 - Multi Family |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 28 | - | 1,000 |
Property Taxes
| Parcel Number | 123622 | Improvements Assessment | $2,253,180 |
| Land Assessment | $0 | Total Assessment | $2,253,180 |
Property Taxes
Parcel Number
123622
Land Assessment
$0
Improvements Assessment
$2,253,180
Total Assessment
$2,253,180
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