100% Occupied | 10-Unit Apartment Complex | Charlotte MSA

Highlights

• 10 Class B 1 bedroom, 1 bathroom apartments located within a short distance of tens of thousands of jobs
• Current in place rents below market
• Average household income growth of 6.4% year over year
• Vacancy rate within 2.2 miles of 2611 Holton Ave: 2.2%
• Population growth: 1.5% annually
• Limited supply of like kind of apartments
• Bull Realty NC license number C17910

Description

This proposed acquisition of 10 one bedrooms, one bathroom Class B apartments located just 2.2 miles west of Charlotte’s central business in a high growth, high demand, near-zero vacancy market is positioned to deliver immediate cash flow and appreciation due to market dynamics that strongly favor landlords: near-zero vacancies, rising household incomes, limited new supply, and accelerating population growth.

Located in Charlotte, NC

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