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Morganton Portfolio

310 Huffman Street, Morganton NC 28655

$ 2,750,000

Morganton Portfolio

310 Huffman Street, Morganton NC 28655
DSC_9751-HDR
Asset Type
Portfolio
Price
$ 2,750,000
Per Unit
$ 76,389
Total Units
36
Year Built
Varies
Market
Western North Carolina
Status
Available

Highlights

6.32% CAP RATE (updated Nov 2022) on this 36-unit multifamily portfolio in western North Carolina
Includes 4 assets totaling 36 units located in and around Morganton, North Carolina
100% occupied at all properties with rising rents and third-party management already in place
Rents have been steadily climbing thanks to limited competition and an ongoing stream of qualified tenants
Small but growing North Carolina market with strong rental history and easy access to all surrounding regions

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Financials

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Location

Contact

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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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