This listing is under contract.

University Area apartment complex for sale - 27 units

6647-6649 Rumple Road Charlotte, NC 28262

6647-6649 Rumple Road, Charlotte, NC, 28262
6647-6649 Rumple Road, Charlotte, NC, 28262
UNDER CONTRACT FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,495,000
Last Verified:
Sep 10, 2018

  • 27-unit apartment complex
  • +/- 4.95 acres
  • University area
  • Built between 1968 & 1970
  • Zoned R-17 MF
  • Possible to renovate existing units & add 55 units

Map of 6647-6649 Rumple Road, Charlotte, NC, 28262

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.