239 Maple St | Rutherfordton, NC 28139
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239 Maple St
Rutherfordton, NC 28139
Maple Hall Apartments · Multifamily Property For Sale · 24 Units
Investment Highlights
- - New ownership, based upon area rent comps, can raise rents up to $163 unit
- - New ownership has the opportunity to implement interior renovation program
- - The major economic drivers in the Rutherfordton area include manufacturing, healthcare, and tourism
- - With the rent bump, new ownership can achieve an annual NOI of $181,209
- - Current ownership is achieving $121,299 in annual NOI
- - The Rutherfordton area is home to several major employers
PROPERTY FACTS
| No. Units | 24 | Building Size | 19,440 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.54/1,000 SF |
| Lot Size | 1.25 AC |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.25 AC |
| Building Size | 19,440 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 1.54/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Ceiling Fans
- Oven
- Range
- Tub/Shower
- Carpet
- Patio
Site Amenities
- Laundry Facilities
- Picnic Area
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | $693.00 | 720 |
| 2+1 | 12 | $810.00 | 900 |
PROPERTY TAXES
| Parcel Number | 1205855 | Improvements Assessment | $709,400 |
| Land Assessment | $12,500 | Total Assessment | $721,900 |
PROPERTY TAXES
Parcel Number
1205855
Land Assessment
$12,500
Improvements Assessment
$709,400
Total Assessment
$721,900
zoning
| Zoning Code | R2 |
| R2 |
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