40-Unit Apartment
701 Rain Pl Ct Kannapolis, NC 28081
701 Rain Pl Ct, Kannapolis, NC, 28081
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Built in 2001, Ashford Place offers 40 two-bedroom, one-bath units with recent exterior replacements.
Days on Market101
Property Features for 701 Rain Pl Ct
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
One Alliance Companies
(704) 765-4620
Listed by
Spencer Crigler · License #NC 197597
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 2:58PM Checked: Jul 21 at 2:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Alliance Companies
Investment Insights
Based on property information with market context.
Ashford Place Apartments is a 40-unit Class B apartment community built in 2001. The property features all 2-bedroom, 1-bath units, with 20 to 25 units described as renovated. Recent exterior work includes replacement of the vinyl siding, roof, and gutters within the last few years.
The community is located at 701 Rain Pl Ct in Kannapolis, North Carolina, and is reported to be less than 2 miles from The North Carolina Research Campus, a 350-acre hub for interdisciplinary research and innovation.
For financing, the listing notes 3.59% assumable debt. The average in-place rent is reported to be around $970 per month, with market rent comps cited in the $1,100 to $1,300 per month range.
The community is located at 701 Rain Pl Ct in Kannapolis, North Carolina, and is reported to be less than 2 miles from The North Carolina Research Campus, a 350-acre hub for interdisciplinary research and innovation.
For financing, the listing notes 3.59% assumable debt. The average in-place rent is reported to be around $970 per month, with market rent comps cited in the $1,100 to $1,300 per month range.
Key Highlights
- 40‑unit Class B apartment community built in 2001
- All units are 2‑bedroom, 1‑bath apartments (40 total)
- 20–25 units have been renovated
Property Analytics
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Ashford Place Apartments
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FAQs
What type of property is this?
Apartment building - Built in 2001, Ashford Place offers 40 two-bedroom, one-bath units with recent exterior replacements.
Where is this apartment building located?
The property is located at 701 Rain Pl Ct Kannapolis, NC.
What are key features of this property?
This property features: 40‑unit Class B apartment community built in 2001; All units are 2‑bedroom, 1‑bath apartments (40 total); 20–25 units have been renovated
