ALLISON HEIGHTS – 24 UNITS IN CONCORD, N.C.
PRICE:
$
2,501,500
STATUS:
Sold
ADDRESS:
96 Tribune Ave SW, Concord, NC 28025, USA
OVERVIEW:
SOLD 12/20/21 FOR $2,501,500
$104,229 per unit
Deaton Investment Real Estate and One Alliance Companies co-listed this property on behalf of the seller and were the only brokers in this transaction. Allison Heights is a 24-unit, Class C, apartment community located approximately one mile from downtown Concord. The owners completely renovated seven of the units, spent significant capital submetering the property, renovated the exterior and proved rents of $950/month. By continuing the renovation plan, the buyer can add value and capture significant income upside.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 24 UNITS | 2BD/1BA | 868 SF | $950 MARKET |
PROPERTY INFORMATION
| PIN | 56300454470000 |
| Tax Value | $971,280 |
| Taxes | $11,849.61 |
| Lot Size | 2.10 ACERS |
| Year Built | 1983 |
| Exterior | BRICK |
| Floors | CARPET, VINYL, LVP |
| Foundation | CRAWL |
| HVAC | CENTRAL A/C, HEAT PUMP |
| Utilities | INDIVIDUALLY METERED |
| Legal Description | NORTH SIDE TRIBUNE AVE |
| Appliances | RANGE, REFRIGERATOR, MICROWAVE, DISHWASHER |
| Sold Date | 2021-12-20 |
| Zoning | RC |
Agent Information Thomas T Furlow
Location Map
ALLISON HEIGHTS – 24 UNITS IN CONCORD, N.C.
Address:
96 Tribune Ave SW, Concord, NC 28025, USA
Price: $
2,501,500
Unit: