BEDS0
BATHS
SQUARE FEET8,631
MLS#4425383
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Lindsey Lane Apartments is a 10-unit multifamily property consisting of four buildings on ±1.98 acres with a mix of one-, two-, and three bedroom units. 9 of the 10 units have been renovated. Numerous mini-split HVAC installed. This limits any near-term capital needs. Four month-to-month leases provide immediate opportunity to increase rents to market; continuing to implement water reimbursements and garage rentals are additional opportunities to increase NOI. With multiple paths to increase income, Lindsey Lane offers investors an attractive combination of current cash flow and value-add upside.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Garage: 6 car attached
Heating: Baseboard, Ductless, Kerosene
Lot Size: 1.98 Acres
Roof Type: Architectural Shingle
Year Built: 1987
Feature Descriptions
Appliances: Electric Range
Days on Site: 6
Exterior: Wood
Foundation: Basement, Slab
Laundry: In Unit
Parcel#: 083004738429.000
Parking: Driveway, Attached Garage
Pets Allowed: Conditional
Sewer: Septic Installed
Units: 10
Water: County Water
Local Schools
High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified
Listed By / Shown By
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
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance
80 Lindsey Lane | MLS# 4425383
This multi-family property located at 80 Lindsey Lane , Burnsville, NC 28714 is currently listed for sale with an asking price of call for price. Search Burnsville real estate on www.lakenormanrealty.com today.