2001 Union Street
Charlotte, North Carolina 28205 United States

$2,999,000
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An opportunity to purchase a 100% occupied, fully-renovated rental portfolio within one of the country's hottest real estate markets that offers value-add upside. Ideally located in the heart of the Villa Heights/NoDa/Optimist Park redevelopment...
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Carolina Home MLS

Phone: 704-655-0586
Price Reduced
$2,999,000
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Price / Sq. Ft.:
$4,031 /
24
Bedrooms
12
Full Baths
744 Sq Ft.
Interior
1.45 Acres
Exterior
Villas / Townhouses
1948
Year Built
F1707101442700023
Web Id
3298350
MLS ID
41
days ago

About 2001 Union Street

An opportunity to purchase a 100% occupied, fully-renovated rental portfolio within one of the country's hottest real estate markets that offers value-add upside. Ideally located in the heart of the Villa Heights/NoDa/Optimist Park redevelopment area, the site is walking distance to the $1.2B, 9.2-mile light rail transit extension set to open Q1 2018. Offering Memorandum available by request -- underwritten at 7.5% cap rate, 10% year 1 cash-on-cash return.

Property Details

County
Mecklenburg
Heating
Central Air
Parking Description
On-Street Parking,Parking Space - 3
Sewer
City Sewer
Water
City Water

Interior

Flooring
Tile,Wood
Listing Courtesy of Caleb Troop, Dane Warren Real Estate