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.

Link To Tax Records
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

Location Map

ALLISON HEIGHTS – 24 UNITS IN CONCORD, N.C.
Address: 96 Tribune Ave SW, Concord, NC 28025, USA Price: $ 2,501,500 Unit: