Mountain Brook Estates

Hudson, NC 28638 · 38 Units · Multifamily For Sale

Hudson, NC Multifamily For Sale 2017-08-31T21:58:19+00:00

Project Description

 Mountain Brook Estates

Price $1,350,000 Cap Rate 6.38%
No. Units 38 No. Stories 2
Building Size 19,248 SF Year Built 1984
Price/Unit $35,526.32 Lot Size 130,244 SF
Property Type Multifamily APN / Parcel ID 03-80-1-44
Property Sub-type Garden/Low-Rise Parking Ratio 1.71 / 1,000 SF
Property Use Type Investment

Multifamily  Property Description

Townhouse style apartments in Hudson, NC just 15 miles from Hickory. 38 units in 6 buildings. 30 units have 2 bedrooms, 1.5 baths. The remaining 8 units have 1 bedroom, 1 bath.

15 miles from Hickory and 70 miles northwest of Charlotte.

Highlights

  • Professionally Managed
  • 38 Units: 75% are 1 Bdrm, 1.5 Baths
  • Siding Replaced on 5 of the 6 Buildings in the Last 5 Years
  • Easily Accessible to Hickory, Lenoir, and Morganton

Financial Summary (Actual)

Net Operating Income $86,130


Request More Information:

Our brokers will gladly provide details on this property and help you find others like it.

NAME

EMAIL

PROPERTY (If Applicable)

PHONE NUMBER

Are you interested in similar properties?
YesNoN/A