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Cranford Apartments 5306-5320 Park Rd 8 Unit Apartment Building $2,690,000 ($336,250/Unit) Charlotte, NC 28209
Investment Highlights
- Newer Construction AND Recently Renovated
- This Will NOT Be Built Again in South Park
- Individual Townhome Upside
Executive Summary
Vista Park Townhomes present a unique opportunity to acquire a turnkey, fee-simple townhome community in one of Charlotte’s most coveted neighborhoods. This eight-unit offering combines newer-construction quality with seven of eight units fully renovated in 2026 with modern finishes, rear patios, and in-unit laundry and an irreplaceable location – a combination that is exceptionally difficult to duplicate in today’s market.
Property Facts
| Price | $2,690,000 | Building Class | B |
| Price Per Unit | $336,250 | Lot Size | 0.03 AC |
| Sale Type | Investment | Building Size | 8,000 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2011 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | N2-B | ||
| Price | $2,690,000 |
| Price Per Unit | $336,250 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.03 AC |
| Building Size | 8,000 SF |
| No. Stories | 2 |
| Year Built | 2011 |
| Parking Ratio | 2/1,000 SF |
| Zoning | N2-B |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 1,000 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 171-241-53 | Improvements Assessment | $149,400 |
| Land Assessment | $70,000 | Total Assessment | $219,400 |
Property Taxes
Parcel Number
171-241-53
Land Assessment
$70,000
Improvements Assessment
$149,400
Total Assessment
$219,400
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Contact the Sale Advisor
Cranford Apartments | 5306-5320 Park Rd