831 McAlway Rd | Charlotte, NC 28211
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831 McAlway Rd
Charlotte, NC 28211
McAlway Chateau · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- The McAlway Chateau is nestled in a prime Cotswold neighborhood location, four 4 miles outside of Uptown Charlotte.
- Cotswold attracts an affluent and highly educated demographic, with an average household income significantly above the city average at $102,154.
- This is a turnkey investment opportunity with room to raise rents to market rates.
- There is a proven plan in-place to renovate the final two-units and further improve the income stream.
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.53 AC |
| Property Type | Multifamily | Building Size | 6,568 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 3.65/1,000 SF |
| Zoning | N2-B | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 6,568 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 3.65/1,000 SF |
| Zoning | N2-B |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 4 | - | 900 |
| 1+1 | 4 | - | 750 |
PROPERTY TAXES
| Parcel Number | 157-102-20 | Improvements Assessment | $742,800 |
| Land Assessment | $388,700 | Total Assessment | $1,131,500 |
PROPERTY TAXES
Parcel Number
157-102-20
Land Assessment
$388,700
Improvements Assessment
$742,800
Total Assessment
$1,131,500
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