WHITE OAK TOWNHOMES – 35 UNITS IN MOORESVILLE, NC

PRICE:
$ 4,350,000
STATUS:
Sold
ADDRESS:
1271 Fieldstone Rd, Mooresville, NC 28115, USA
OVERVIEW:

SOLD 3/30/2022 FOR $4,350,000
$124,286 per unit

Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction. This deal represented the purchase of White Oak Townhomes, a 35-unit property located in Mooresville, N.C. Built in 1973, White Oak Townhomes feature one-, two-, and three-bedroom floorplans. This offering presents a great opportunity for a buyer to increase rents through strategic value-add improvements.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
13 UNITS 1BD/1BA 765 SF (AVG.) $775 (AVG.)
16 UNITS 2BD/1.5BA 953 SF (AVG.) $875 (AVG.)
6 UNITS 3BD/1.5BA 1,370 SF (AVG.) $975 (AVG.)
PROPERTY INFORMATION
PIN 4666318282, 4666319435
Tax Value $908,860
Taxes $13,797.90
Lot Size 3.31 ACRES
Year Built 1973
Exterior BRICK/VINYL
Floors CARPET, VIYNL
Foundation SLAB
HVAC CENTRAL AIR, FORCED AIR HEAT
Utilities TENANT PAYS UTILITIES
Legal Description L20-21 WHITE OAS S-7 PB 11-24-24A, L22-24 WHITE OAKS S-7 PB 11-24-24A
Appliances RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTONS
Sold Date 2022-03-30
Zoning R5

Location Map

WHITE OAK TOWNHOMES – 35 UNITS IN MOORESVILLE, NC
Address: 1271 Fieldstone Rd, Mooresville, NC 28115, USA Price: $ 4,350,000 Unit: 35