1075 7Th Ave Hickory, NC 28601
8-Unit Multifamily Investment, 6.67% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $1,080,000 asking price for an 8-unit apartment building.
- Located in Hickory, NC, at 1075 7th Ave NW, 28601.
- Multifamily, Class B, stabilized investment with a 6.67% cap rate.
- 5,632 square feet of net rentable space, currently 100% occupied, generating $72,000 NOI.
- $135,000 per unit price; features include all-brick construction and a recently replaced roof.
Property Details for 1075 7Th Ave
- Property type
- Apartment buildings
- Class
- B
- Units
- 8
Location Insight
- City
- Hickory
- County
- Catawba
- State
- North Carolina
- Latitude
- 35.742895001645
- Longitude
- -81.357320611673
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 8-Unit Multifamily Investment, 6.67% Cap Rate
- Where is the apartment building located?
- The property is located at 1075 7Th Ave Hickory, NC.
- What is the asking price?
- The asking price for this property is $1,080,000.
- What are key features of this property?
- This property features: $1,080,000 asking price for an 8-unit apartment building.; Located in Hickory, NC, at 1075 7th Ave NW, 28601.; Multifamily, Class B, stabilized investment with a 6.67% cap rate.
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