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48708 Us Highway 52 N
Richfield, NC 28137
Colony Apartments · Multifamily Property For Sale
·
24 Units
Investment Highlights
- Great Location
- Single Level Brick Construction
Property Facts
| No. Units | 24 | Lot Size | 7.36 AC |
| Property Type | Multifamily | Building Size | 16,611 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1969/2022 |
| Zoning | R-M - Residential Mixed | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 7.36 AC |
| Building Size | 16,611 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2022 |
| Zoning | R-M - Residential Mixed |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Tub/Shower
- Double Pane Windows
- Vinyl Flooring
Site Amenities
- Courtyard
About 48708 US HIGHWAY 52 N , RICHFIELD, NC 28137
12 All brick buildings with 23 apartment units, approximately 21,900 heated square feet, on 8 acres, zoned Highway Business, average yearly operating income $212,676, average yearly expenses $102,452.58, average net income $110,223. 16 of the 23 units have been renovated with heat pumps, replacement windows, LVP flooring, paint, & fixtures. There's room to build additional buildings & units if desired. Property is serviced by public water supply & on site private sewer treatment system. Great location right on Highway 52 just outside Phifer University & near Hwy 49 with quick commute to Kannapolis, Concord, & Charlotte NC.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 2+1 | 12 | - | - |
Property Taxes
| Parcel Number | 6613-03-44-8640 | Improvements Assessment | $747,346 |
| Land Assessment | $184,000 | Total Assessment | $931,346 |
Property Taxes
Parcel Number
6613-03-44-8640
Land Assessment
$184,000
Improvements Assessment
$747,346
Total Assessment
$931,346
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