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.
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 |
Agent Information Michael Deaton
Location Map
WHITE OAK TOWNHOMES – 35 UNITS IN MOORESVILLE, NC
Address:
1271 Fieldstone Rd, Mooresville, NC 28115, USA
Price: $
4,350,000
Unit:
35