2611 Holton Ave Charlotte, NC 28208
Ten Class B apartments near Charlotte's central business district.
Building Details
- Year built
- 1985
Source:
Bullrealty
Listing Agent: Anna Rohde Yuan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Charlotte Multifamily Investment Opportunity
This proposed acquisition features 10 one-bedroom, one-bathroom Class B apartments. The property is located 2.2 miles west of Charlotte’s central business district. The area is characterized by high growth and high demand, with near-zero vacancy rates. Current in-place rents are below market value. The average household income growth is 6.4% year over year. The vacancy rate within 2.2 miles of the property is 2.2%. The population growth is 1.5% annually. The property is positioned to deliver immediate cash flow and appreciation due to market dynamics that strongly favor landlords. The location provides convenient access to tens of thousands of jobs. There is a limited supply of similar apartments in the area.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.9018981
- Latitude
- 35.2261856
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Ten Class B apartments near Charlotte's central business district.
Where is this apartment building located?
The property is located at 2611 Holton Ave Charlotte, NC.
What is the asking price?
The asking price for this property is $1,315,000.
What are key features of this property?
This property features: - Near-zero vacancy market (2.2% vacancy rate within 2.2 miles); - Located 2.2 miles west of Charlotte's central business district; - High growth, high demand area