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170 Emery Ave Nw (129 Unit Apartments), Concord, NC 28104
220 Beds
0 Baths
124,000 sqft

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Projected CAP rate = 8% to 9%. ..................Per research North Carolina is one of the 4 states in US to continue experice significant growth in next two decades. Charlotte MSA ( metro region) is going to experience growth for next two decades. Concord area ( which is part of Charlotte MSA) is expected to grow at a ate of 34% or more in next decade! This 129 Unit, 4 block aparments for $15 million is a killer deal for any investors. Swimming pool, park, club house.
  • Price:
  • $14,900,000
  • Bedrooms:
  • 220
  • Square Footage:
  • 124,000
  • Acreage:
  • 8.20
  • Year Built:
  • 2019
  • Listing ID #:
  • 3468916
  • Street Address:
  • 170 Emery Ave Nw (129 Unit Apartments)
  • City:
  • Concord
  • State:
  • North Carolina
  • Postal Code:
  • 28104
  • County:
  • Cabarrus
  • Listing Status:
  • Active
  • Construction Description:
  • Vinyl
  • Construction Status:
  • Under Construction
  • Construction Type:
  • Site Built
  • Foundation:
  • Concrete
  • New Construction:
  • 1
  • Number Of Units:
  • 129
  • Total Building Square Footage:
  • 124000
  • Year Built:
  • 2019
  • Parking Description:
  • Lot
  • Equipment:
  • Co Detector, Convection Oven, Dishwasher, Disposal, Dryer
  • Existing Water:
  • City Water
  • Hvac:
  • Central Air
  • Sewage Type:
  • City Sewer
  • Water Heater:
  • Gas
  • Listing Provided By Ram Realty LLC
  • CRRA
  • Schools information provided by ATTOM
1
out of 5

Winecoff Elementary
Public
K-5
800 students
15 student/
teacher
2
out of 5

Northwest Cabarrus Middle
Public
6-8
900 students
14 student/
teacher
2
out of 5

Northwest Cabarrus High
Public
9-12
1151 students
14 student/
teacher
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo