44 Units in 4 Property Portfolio 4 Multifamily Properties Offered at $7,350,000 in Multiple Locations

EXECUTIVE SUMMARY

This proposed acquisition of 44 units presents a compelling investment opportunity across four multifamily properties strategically located in high-growth, high-demand markets in the Charlotte, NC MSA. Each asset is positioned to deliver immediate cash flow and long-term appreciation due to market dynamics that strongly favor landlords, including near-zero vacancy rates, rising household incomes, limited new supply, and accelerating population growth. These properties are not only stabilized, cash-flowing assets in markets with proven fundamentals — they also represent a rare opportunity to capitalize on significant rent growth upside, driven by tight supply, strong income demographics, and ongoing population expansion. Investors are positioned to benefit from both immediate cash flow, and value appreciation in the both the short and long term.

PROPERTY FACTS

Price $7,350,000
Price / SF $220.72 / SF
Cap Rate 5.20%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 33,300 SF
Total Land Area 1.97 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
406 W 9th St, Charlotte, NC 28202 Multifamily 6,000 SF 1983 -
2611 Holton Ave, Charlotte, NC 28208 Multifamily 6,000 SF 1960 -
56 Tribune St, Concord, NC 28025 Multifamily 8,000 SF 1999 -
302 S Broad St, Gastonia, NC 28054 Multifamily 13,300 SF 1958 -
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  • Listing ID: 36184467

  • Date on Market: 6/10/2025

  • Last Updated:

  • Address: 44 Units in 4 Property Portfolio, Gastonia, NC