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Bost Road Apartments

325 Bost Road, Morganton NC 28655

$ 1,200,000

Bost Road Apartments

325 Bost Road, Morganton NC 28655
IMG_7244
Asset Type
Townhome Apartments
Date Sold
September 27, 2018
Price
$ 1,200,000
Per Unit
$ 55,000
Total Units
22
Year Built
2002
Market
Western North Carolina

Deal Highlights

22 unit townhome multifamily in rural setting
Sold on Proforma numbers highighting true income potential based on below-market rents
Sold at approximately 6.25% CAP Rate
Closed in only 56 days from contract date
APARTMENT CORE represented the Seller

Location

Contact

TeamMembers-WayneBraren-Color-340x340

Wayne Braren

  • Co-Founder
  • Apartment Core
919-861-9730 x1
Wayne@ApartmentCore.com
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TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

  • Co-Founder
  • Apartment Core
919-861-9730 x2
Mike@ApartmentCore.com
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TeamMembers-EricPagnozzi-Color-340x340

Eric Pagnozzi

  • Investment Broker
  • N Carolina
919-861-9730 x3
Eric@ApartmentCore.com
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