SOLD 4/30/21 FOR $2,200,000
Deaton Investment Real Estate represented the buyer in this transaction. The seller was represented by One Alliance Companies.
This 28-unit community is comprised of 14 duplexes, located approximately 30 minutes northeast of Downtown Charlotte in the growing suburb of Kannapolis, N.C. Each unit features two-bedroom, townhome-style floor plans with spacious yards and ample parking. Built in 1999, the properties have been well-maintained, but offer an opportunity to increase rents with strategic improvements.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 28 UNITS | 2 BD/1.5 BA | 1,024 SF APPROX. | $650 AVG. |
| PIN | 56221929870000 |
| Tax Value | $1,894,800 |
| Taxes | $25,958.76 |
| Lot Size | 2.42 ACRES |
| Year Built | 1999 |
| Exterior | VINYL |
| Floors | CARPET, VINYL, TILE |
| Foundation | CRAWL |
| HVAC | CENTRAL A/C, HEAT PUMP |
| Utilities | PAID BY TENANTS |
| Legal Description | LTS 26-49 BLK 7 CARTERSVILLE |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER/DRYER CONNECTIONS |
| Sold Date | 2021-04-30 |
| Zoning | RV |
Agent Information Michael Deaton