An opportunity to purchase a 100% occupied, fully-renovated rental portfolio within one of the country's hottest real estate markets that offers value-add upside. Ideally located in the heart of the Villa Heights/NoDa/Optimist Park redevelopment area, the site is walking distance to the $1.2B, 9.2-mile light rail transit extension set to open Q1 2018. Offering Memorandum available by request -- underwritten at 7.5% cap rate, 10% year 1 cash-on-cash return.
Courtesy of: Dane Warren Real Estate
Updated: 22nd October, 2017 6:18 PM.
2001 Union Street Charlotte, NC