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2430 Pruitt St
Charlotte, NC 28208
Queen's Gate Apartments · Multifamily Property For Sale · 28 Units

Investment Highlights

  • On projected Light Rail “Silver Line” expansion with minutes walk to projected Ashley or Morris Field proposed stations
  • Office conversion to Studio apartment generating an additional $650 per month rental unit
  • Value Add Opportunity to increase rent premiums to align with market rentals
  • Situated in an Opportunity Zone & Qualified Census Tract
  • Location, Location, Location less than a 10 minute drive to all major Interstate thoroughfares
  • 24 units over 1,000 sf, where in a Covid-19 era more space is extremely desirable

Property Facts

No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.68 AC
Building Size 34,281 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1969/2020
Parking Ratio 1.55/1,000 SF
Zoning R22MF - R22 & R8

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer Hookup
  • Heating
  • Refrigerator
  • Oven

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -
2+2 21 - -
3+1 3 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 061-025-09
  • 061-022-03
  • 061-022-20
Land Assessment
$746,400
Improvements Assessment
$2,002,100
Total Assessment
$2,748,500
  • Listing ID: 21026391

  • Date on Market: 9/22/2020

  • Last Updated:

  • Address: 2430 Pruitt St, Charlotte, NC 28208

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