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Residential Apartment Complex - Investment Property

This fully occupied 8 unit apartment complex, located in the thriving Charlotte submarket of Mooresville, has been fully renovated and is currently providing the owners a reliable, low-risk cash flow with the potential to increase the NOI as rents are adjusted to reflect the market. The apartment mix consists of 3 and 4 bedroom units with tenants paying their own utilities. The property is suitable for an absentee owner/investor as it is under professional management. Detailed Income/Expense information is available upon request. Mooresville is a large town located in the southwestern section of Iredell County, North Carolina, and is a part of the fast-growing Charlotte Metro area. Mooresville is best known as the home of many NASCAR racing teams and drivers, along with an IndyCar team and its drivers, as well as racing technology suppliers, which has earned the town the nickname "Race...

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Directions

From I-77 take Mooresville exit 36 and then head east on W Plaza Dr. for approximately 2.7 miles. Take a right onto West Iredell Ave and continue for approximately 1.3 miles. Property will be on your left.

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National Land Realty

Charlotte, NC

(704) 906-1202