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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 Rentals
Date Sold
September 27, 2018
Price
$ 1,200,000
Per Unit
$ 55,000
Total Units
22
Year Built
2002
Market
Western North Carolina

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
Wayne@ApartmentCore.com
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TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

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

Eric Pagnozzi

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