241 16Th Ave Hickory, NC 28601
Nine-unit apartment building, strong ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Value-add opportunity: Increase rents to market rates and continue existing value-add program.
- Central location: Hickory CBD, near major employers, retail, restaurants, interstates, and schools.
- Unit mix: Desirable one-bedroom units with balconies.
- Strong economic drivers: Catawba County hosts Apple's large data center and multiple planned Microsoft data centers.
- High growth, affordable market: Hickory's proximity to Charlotte fuels investor interest.
Property Details for 241 16Th Ave
- Property type
- Apartment buildings
- Square Feet
- 5,850 SF
- Year Built
- 1984
- Buildings
- 1
- Stories
- 3
- Lot Size (sq. ft)
- 15,246 SF
- Units
- 9
Location Insight
- City
- Hickory
- County
- Catawba
- State
- North Carolina
- Latitude
- 35.7538693
- Longitude
- -81.3353597
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Nine-unit apartment building, strong ROI.
- Where is the apartment building located?
- The property is located at 241 16Th Ave Hickory, NC.
- What is the asking price?
- The asking price for this property is $774,000.
- What are key features of this property?
- This property features: Value-add opportunity: Increase rents to market rates and continue existing value-add program.; Central location: Hickory CBD, near major employers, retail, restaurants, interstates, and schools.; Unit mix: Desirable one-bedroom units with balconies.
- How can I contact the broker?
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