Bost Road Apartments

325 Bost Road, Morganton NC 28655

Bost Road Apartments

325 Bost Road, Morganton NC 28655
ASSET TYPETownhome Apartments
SOLDSeptember 27, 2018
PRICE$ 1,200,000
PRICE 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

Contact Info

Wayne Braren

919.861.9730 x1
Wayne@ApartmentCore.com