170 Emery Avenue Nw (129 Unit Apartments) is a $14,999,999, 124,000 square foot, 220 bedroom home on a 8.20 acre lot located in Concord, NC.
Projected CAP rate = 7.5% to 8%. ..................Per research (US census, Universities) North Carolina is one of the 6 states in US to continue experience significant growth in population over next three decades. Charlotte MSA ( metro region) is expected to continue to be largest metro region in Carolina's for next several decades with Concord area (which is part of Charlotte MSA) is expected to grow at 34% or more in next decade! This 129 Unit, 4 block apartments for $15 million is a killer deal for any investors. Swimming pool, park, club house. Proforma, projected CAP rate, concept video and any other information is available on request. -----------------------> What SELLER is looking for ? : SALE of property at construction phase with CLOSING with in 30 days of occupancy certificate.
|Above Grade Sqft||124,000|
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