SOLD 11/16/21 FOR $79,250,000
$256,472 per unit
Deaton Investment Real Estate represented the buyer and K. Chase represented the seller in this off-market transaction. Located in the heart of South Park, one of Charlotte, North Carolina’s most prestigious neighborhoods, Cameron South Park offers an attractive mix of one- and two-bedroom floorplans. Built in 1984, the property sits in a submarket with surging rents and presents a great value-add opportunity.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 66 UNITS | 1BD/1BA | 788 SF | $1,435 |
| 66 UNITS | 2BD/1BA | 947 SF | $1,500 |
| 177 UNITS | 2BD/2BA | 1,005 SF | $1,650 |
| PIN | 20955102 |
| Tax Value | $24,033,900 |
| Taxes | $249,678 |
| Lot Size | 17.58 ACRES |
| Year Built | 1985 |
| Exterior | WOOD ON SHEATHING |
| Floors | HARDWOOD, CARPET, LVP |
| Foundation | SLAB |
| HVAC | CENTRAL AIR; ELECTRIC FORCED AIR HEAT |
| Utilities | INDIVIDUALLY METERED |
| Legal Description | N/A |
| Appliances | RANGE, REFRIGERATOR, MICROWAVE, DISHWASHER, WASHER & DRYER CONNECTION |
| Sold Date | 2021-11-16 |
| Zoning | R-15MF |
Agent Information Michael Deaton