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Property summary
This exceptional value-add multifamily investment opportunity presents 28 two-bedroom, one-and-a-half-bathroom townhomes totaling 28,000 square feet of net rentable space, situated on a 1.87-acre lot in Mount Holly, North Carolina. Built in 1973 and extensively renovated in 2023, the property boasts five buildings, each two stories high, and currently enjoys a 96.4% occupancy rate. Recent capital improvements exceeding $800,000 include parking lot repairs, exterior painting, gutter and… downspout replacements, patio fencing, HVAC unit replacements in approximately half the units, and landscaping enhancements. Thirteen units remain in their original condition, offering a new owner the chance to continue the successful renovation strategy. The existing renovations feature luxury vinyl plank flooring, black appliances, new white cabinets and hardware, and new Formica countertops. Each 1,000-square-foot unit includes in-unit washer/dryer hookups and a private patio. The property is zoned B-1 and benefits from its prime location, a short walk from downtown Mount Holly's vibrant retail and employment centers, including restaurants, breweries, and a distillery. Significant rental upside potential exists through further renovations and increased rental rates, with opportunities to add premium features and implement additional income streams such as charging for washer/dryer units and bundled internet/cable packages. The property is located approximately 20 minutes from Uptown Charlotte, benefiting from the growth and development in the surrounding area, including the upcoming CaroMont Regional Medical Center and ongoing expansions at CLT-Douglas Airport. Water and sewer are currently paid by the landlord, presenting an opportunity to increase net operating income (NOI) by billing tenants directly.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
8 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 1.87 ac
- Year built
- 1973
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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