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Bost Road Apartments
325 Bost Road, Morganton NC 28655
$ 1,200,000
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Bost Road Apartments
325 Bost Road, Morganton NC 28655
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
Wayne Braren
Co-Founder
Apartment Core
919-861-9730 x1
Wayne@ApartmentCore.com
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Mike Siciliano
Co-Founder
Apartment Core
919-861-9730 x2
Mike@ApartmentCore.com
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Eric Pagnozzi
Investment Broker
N Carolina
919-861-9730 x3
Eric@ApartmentCore.com
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View Bio
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