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