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Renovated Multifamily Apartment Property
New
For Sale
$1,450,000

80 Lindsey Ln, Burnsville, NC 28714

Four-building apartment community with varied unit layouts, updated interiors, and mini-split HVAC systems.

Property Size8,631 SF
Lot Size1.98 Acres
Price / SF$167
Days on Market2

Property Features for 80 Lindsey Ln

General Information

Standard status Active
Size 8,631 SF
Lot size 1.98 Acres
Property subtype Multi-Family

Additional Details

Multifamily Units 10

Building Details

Year Built 1987
Buildings 4
Listing Agency: Britt Commercial Real Estate, LLC
Listed By: Zach Britt · License #315119
Source: Lewisandkirk
Added: Sep 18 Last Checked: Sep 18 at 3:04PM

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 Britt Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

Lindsey Lane Apartments is a 10-unit multifamily property arranged across four buildings on approximately 1.98 acres. The 8,631-square-foot property was built in 1987 and includes a mix of one-, two-, and three-bedroom apartments. Nine of the ten units have been renovated, and numerous mini-split HVAC systems have been installed.

The property includes four month-to-month leases, along with garage rentals and water reimbursement practices. Its unit mix, renovated apartments, and multi-building configuration provide a range of existing operating features for an apartment investor to evaluate.

Key Highlights

  • 10‑unit apartment property across four buildings
  • Approximately 1.98 acres with 8,631 square feet
  • Mix of one-, two-, and three‑bedroom units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Furniture & Home Goods Real Estate Agency Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 28714, NC

16,397
Population
9,719
Households
1.7
Avg Household Size
48
Median Age
24%
College-Educated
88%
High-School Grad
257.8 sq mi
ZIP Area
64
Density / Sq Mi
$56,551
Median Household Income
$36,212
Median Earnings
$803
Median Rent
$216,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-building apartment community with varied unit layouts, updated interiors, and mini-split HVAC systems.
Where is this apartment building located?
The property is located at 80 Lindsey Ln Burnsville, NC.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 10‑unit apartment property across four buildings; Approximately 1.98 acres with 8,631 square feet; Mix of one-, two-, and three‑bedroom units
More about this property
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