Drake Circle | 3000 Drake Cir
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Drake Circle 3000 Drake Cir
12 Unit Apartment Building $1,100,000 ($91,667/Unit) 9.82% Cap Rate Shelby, NC 28152
Investment Highlights
- Great Location
Executive Summary
Prime investment available for $1,100,000. Totals 12 units for a total of 10,800 SF.
Property Facts
Price | $1,100,000 | Apartment Style | Townhome |
Price Per Unit | $91,667 | Building Class | C |
Sale Type | Investment | Lot Size | 6.70 AC |
Cap Rate | 9.82% | Building Size | 10,800 SF |
Sale Conditions | Bulk/Portfolio Sale | Average Occupancy | 93% |
No. Units | 12 | No. Stories | 1 |
Property Type | Multifamily | Year Built | 1977 |
Property Subtype | Apartment |
Price | $1,100,000 |
Price Per Unit | $91,667 |
Sale Type | Investment |
Cap Rate | 9.82% |
Sale Conditions | Bulk/Portfolio Sale |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Townhome |
Building Class | C |
Lot Size | 6.70 AC |
Building Size | 10,800 SF |
Average Occupancy | 93% |
No. Stories | 1 |
Year Built | 1977 |
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Range
- Carpet
- Vinyl Flooring
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 12 | - | 900 - 1,800 |
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zoning
Zoning Code | R (Residential Use) |
R (Residential Use) |
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VIDEOS
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Presented by
Prosperity Property Group, LLC
Drake Circle | 3000 Drake Cir
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