3800 Marvin Rd | Charlotte, NC 28211
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3800 Marvin Rd
Charlotte, NC 28211
Wallace Terrace Apartments · Multifamily Property For Sale
·
32 Units
Investment Highlights
- Built-In Upside with Value-Add Opportunity
- Management Efficiency Opportunity
- Located in the Best Public-School Zoning in Charlotte
- Organic Rent Growth Available Through Professional Third-Party Management
Property Facts
| No. Units | 32 | Building Size | 32,212 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1998 |
| Building Class | B | Parking Ratio | 1.02/1,000 SF |
| Lot Size | 1.45 AC | ||
| Zoning | R22MF | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.45 AC |
| Building Size | 32,212 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1998 |
| Parking Ratio | 1.02/1,000 SF |
| Zoning | R22MF |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Refrigerator
- Oven
- Patio
- Wheelchair Accessible (Rooms)
Site Amenities
- Picnic Area
- Playground
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | $875.00 | 1,100 |
| 3+2 | 20 | $995.00 | 1,200 |
Property Taxes
| Parcel Number | 157-054-19 | Improvements Assessment | $3,838,000 |
| Land Assessment | $876,000 | Total Assessment | $4,714,000 |
Property Taxes
Parcel Number
157-054-19
Land Assessment
$876,000
Improvements Assessment
$3,838,000
Total Assessment
$4,714,000
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