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.
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 |
Agent Information Michael Deaton
Location Map
CHESNEY WOODS – 48 UNITS IN CONCORD, N.C.
Address:
260 Brookwood Ave NE, Concord, NC 28025, USA
Price: $
4,875,000
Unit: