174 Emery Avenue Unit #[132 units multi family], Concord, NC 28027

$20,500,000
114,000
SqFt
List Price
$20,500,000
MLS#
CAR3737375
Status
ACTIVE
Days on Market
19
Property Type
Residential Income
Stories
Apartments
Year Built
2022
Lot Size
375,487
Lot Size Area
8.62
Living Area
114,000
Sq Ft Total
114000
County
Cabarrus
Special Conditions
None

Property Description

NEW 132 unit (96 2BR; 36 1BR) multi family, 114K gross sft apartment visible from I-85, within 2 miles of Atrium health- Cabarrus, Carolina mall, shopping, restaurants, and close proximity to exits 58/55 on I-85. Total 4 buildings with each 3 stories on 8.62 acre site. CURRENTLY UNDER CONSTRUCTION. First building to be completed by Dec'21 and remaining buildings to be completed by Summer 2022. Looking for serious buyers with LOI..... Proforma, old appraisal (latest appraisal report will be available by early June), apartment amenities, improvements, unit analysis, site summary, improvements ratings, demographics and rental info attached to MLS listing.

Additional Information

Equipment
ENERGY STAR Qualified Dishwasher
Foundation
Slab
Laundry Location
Other
Heating
ENERGY STAR Qualified Equipment
Water Heater
Gas
Water
Public
Sewer
Public Sewer
Exterior Construction
Vinyl Siding
Parking
Driveway
Elementary School
Winecoff
Middle School
Northwest Cabarrus
High School
Northwest Cabarrus
New Construction
Yes
Construction Status
Under Construction

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of NorthGroup Real Estate, Inc..

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