Bost Road Apartments

325 Bost Road, Morganton NC 28655

Bost Road Apartments

325 Bost Road, Morganton NC 28655
ASSET TYPETownhome Apartments
DATE SOLDSeptember 27, 2018
PRICE$ 1,200,000
PER UNIT$ 55,000
TOTAL UNITS22
YEAR BUILT2002
MARKETWestern North Carolina

Deal 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

919.861.9730 x1
Wayne@ApartmentCore.com

Thinking about selling?

APARTMENT CORE is a multifamily brokerage firm dedicated to helping you capitalize on your multifamily sale so you can grow your wealth.  If you own an apartment property anywhere in North Carolina and would like to learn how to get the highest price in today’s aggressive market, give us a call at 919-861-9730.