ONLY $56K PER UNIT for this 49-unit multifamily in northwestern NC with considerable upside based on current in-place rents
6.52% Cap Rate on 2023 Annualized with 100% occupancy, below-market rents and significant upside potential
Located in downtown Sparta, a quaint village in the beautiful mountains of northwestern North Carolina
Well-maintained asset with newly replaced roofs, almost all new windows, resurfaced parking lots, new children's playground, gazebo/grilling area and more
Tenants enjoy expansive views and walking distance to all of downtown Sparta's charming shops, restaurants, conveniences and numerous seasonal events
Photos
Financials
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