This 22-unit multifamily community offers a strong lease-up and stabilization opportunity in North Charlotte with limited remaining execution risk as the improvements have been made! The property is currently ~64% occupied, with the majority of units renovated and remaining vacant units largely rent-ready, allowing for immediate NOI growth through leasing. Only the clubhouse/SFR unit and one additional unit remain unrenovated, while significant capital improvements, including new roofs, updated HVAC systems, and extensive unit renovations, have already been completed. Clubhouse built 1940, apartments are 1960. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the asset sits within an active growth corridor supported by durable rental demand.
Listed By
Agency Name: Britt Commercial Real Estate, LLC
Agency Contact: zbritt@brittcre.com
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
2479 Julia Avenue | MLS# 4340001
This multi-family property located at 2479 Julia Avenue, Charlotte, NC 28206 is currently listed for sale with an asking price of call for price. Search Charlotte real estate on www.lakenormanrealty.com today.