McBrayer Street Towns

308 McBrayer Street, Shelby NC 28150

$ 1,350,000

McBrayer Street Towns

308 McBrayer Street, Shelby NC 28150
Asset Type
Townhome Apartments
Price
$ 1,350,000
Per Unit
$ 61,364
Total Units
22
Year Built
1974
Market
Greater Charlotte
Status
In Contract

Highlights

22-UNIT VALUE-ADD MULTIFAMILY in the Greater Charlotte, North Carolina region
Only $61k per unit with plenty of upside based on current in-place rents and delayed vacant unit turns (includes 22 total units, with one down unit in need of a full renovation)
Townhome style apartments, ready for a new owner to breathe new life and reap the rewards by updating the units and exterior
Lots of neighborhood revitalization already completed or in process, directly adjacent to this asset
Walking distance to Uptown Shelby (a quaint "downtown" section of town) and only 45 minutes to Charlotte

Photos

Financials

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Location

Contact

TeamMembers-WayneBraren-Color-340x340

Wayne Braren

919-861-9730 x1
Wayne@ApartmentCore.com
TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

919-861-9730 x2
Mike@ApartmentCore.com
TeamMembers-EricPagnozzi-Color-340x340

Eric Pagnozzi

919-861-9730 x3
Eric@ApartmentCore.com

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