CHESNEY WOODS – 48 UNITS IN CONCORD, N.C.

PRICE:
$ 4,875,000
STATUS:
Sold
ADDRESS:
260 Brookwood Ave NE, Concord, NC 28025, USA
OVERVIEW:

SOLD 7/30/21 FOR $4,875,000
$101,562 per unit

Deaton Investment Real Estate represented the buyer and the seller was represented by One Alliance in this transaction.

Built in 1973, Chesney Woods Apartments, are located in Concord, N.C., a rapidly growing suburb of the Charlotte MSA. The property features 48, two-bedroom, towhhome-style units in a quiet setting. The property is in good condition, but offers the opportunity to raise rents through strategic improvements.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
48 UNITS 2 BD/1.5 BA 940 SF $850
PROPERTY INFORMATION
PIN 56218431610000
Tax Value $2,642,470
Taxes $32,238
Lot Size 10.44 ACRES
Year Built 1987
Exterior BRICK, HARDBOARD
Floors CARPET, VINYL, LVP
Foundation SLAB
HVAC CENTRAL AIR
Utilities PAID BY TENANTS
Legal Description INNSBROOK APARTMENTS
Appliances RANGE, REFRIGERATOR, MICROWAVE, DISHWASHER, WASHER & DRYER
Sold Date 2021-07-30
Zoning RC

Location Map

CHESNEY WOODS – 48 UNITS IN CONCORD, N.C.
Address: 260 Brookwood Ave NE, Concord, NC 28025, USA Price: $ 4,875,000 Unit: