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Type: |
Multifamily
Garden/Low-Rise |
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No. Units: |
110 |
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Building Size: |
107,000 SF |
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Lot Size: |
11.45 Acres |
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Occupancy: |
90.00% |
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Price: |
$5,600,000 |
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Price/Unit: |
$50,909 |
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Year Built: |
1988 |
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Property ID: |
16190961 |
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Property Description:
Country Club Apartments is a 110-unit community located inside
the town limits of Mooresville in Iredell County, North
Carolina. The site contains 10 apartment buildings, a leasing
office/fitness/laundry center, playground, tennis court, and
pool on 11.45 acres. Renovated in 2008.
Location Description:
The property is across the road from the fairways of Mooresville
Golf Course and has easy access to Hwy 21, I-77. It's close to
Lake Norman, Langtree at The Lake, Lowes Corporate Campus, Lake
Norman Regional Hospital, and Nascar Technical Institute.
No. Stories: 2
•Fannie Mae financing
available.
•1/2 mile from new I-77 exit in Mooresville, NC.
•$6500/unit in renovations in 2008
.•Upside revenue growth.
2br/1ba
No. Units: 110
SF: 940
Avg. Mo. Rent: $650 |
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