391 Kerr St Concord, NC 28025
6-Unit Apartment Building, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Exceptional multifamily investment opportunity in Concord, NC, with organic rent growth potential.
- Recently renovated 6-unit building (2021) offering a value-add strategy.
- Prime location near I-85, major employers, schools, and retail, within the Charlotte MSA.
- Desirable unit mix of studios, 2-bedroom, and 3-bedroom apartments.
- Strong market fundamentals and demographics in Cabarrus County, with a 100% occupancy rate and $47,607 NOI.
Property Details for 391 Kerr St
- Property type
- Apartment buildings
- Square Feet
- 6,158 SF
- Year Built/Renovated
- 1900/2021
- Lot Size (sq. ft)
- 15,246 SF
- Units
- 6
Location Insight
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Latitude
- 35.4146452
- Longitude
- -80.5988231
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 6-Unit Apartment Building, High ROI
- Where is the apartment building located?
- The property is located at 391 Kerr St Concord, NC.
- What is the asking price?
- The asking price for this property is $800,000.
- What are key features of this property?
- This property features: Exceptional multifamily investment opportunity in Concord, NC, with organic rent growth potential.; Recently renovated 6-unit building (2021) offering a value-add strategy.; Prime location near I-85, major employers, schools, and retail, within the Charlotte MSA.
- How can I contact the broker?
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