$875,000
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144 Nottingham Drive Forest City, NC 28043
Apartment
Residence
18
Beds
9
Baths
...
Bed/Bath
6,883
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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A great multifamily value add opportunity! The sale includes both 144 Nottingham Dr. with a total of five units and 110 Evergreen Ln. with a total of four units. Both properties also include a second parcel with the potential opportunity to expand or build additional structures. Two units at each pr...operty have been partially renovated. There is significant potential for rent growth by renovating the five non-updated units or by doing a complete renovation on all units. Additionally, the non-updated units have purposely been rented on a month-to-month basis to allow a new owner an easy transition for renovations. All other units currently have yearly leases. Reach out to the listing brokers for more details on in-place financials and projected pro forma. Buyer responsible for confirming all unit conditions, mechanical details, and other items of importance prior to closing as the ownership is not local and makes no representation.
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MLS#
4158718
Property Type
Apartment
Bedrooms
18
Bathrooms
9 Full
Year Built
1968
Square Feet
6,883
sq. ft
Lot Size
3
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