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Twin Oaks 3985 NC 268 Hwy

24 Unit Apartment Building $2,925,658 CAD ($121,902 CAD/Unit) 6.61% Cap Rate Pilot Mountain, NC 27041

Apartment Buildings North Carolina Pilot Mountain 3985 NC 268 Hwy, Pilot Mountain, NC 27041

Investment Highlights

  • AVERAGE RENT PER UNIT: $713/Month
  • MARKET RENT PER UNIT: $850/Month

Executive Summary

Presenting Twin Oaks, a lucrative multi-family investment property situated in the heart of Pilot Mountain. This well-maintained 24-unit property presents an exceptional opportunity for investors seeking stable rental income along with value-add opportunities.

Attachments

3985-NC-268

Property Facts

Price $2,925,658 CAD Apartment Style Low Rise
Price Per Unit $121,902 CAD Building Class C
Sale Type Investment Lot Size 5.37 AC
Cap Rate 6.61% Building Size 18,156 SF
No. Units 24 No. Stories 1
Property Type Multifamily Year Built 1983
Property Subtype Apartment
Price $2,925,658 CAD
Price Per Unit $121,902 CAD
Sale Type Investment
Cap Rate 6.61%
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 5.37 AC
Building Size 18,156 SF
No. Stories 1
Year Built 1983

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 24 - -

Links

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PROPERTY TAXES

Parcel Number 597602994712 Improvements Assessment $1,061,420 CAD
Land Assessment $98,518 CAD Total Assessment $1,159,939 CAD

PROPERTY TAXES

Parcel Number
597602994712
Land Assessment
$98,518 CAD
Improvements Assessment
$1,061,420 CAD
Total Assessment
$1,159,939 CAD

zoning

Zoning Code RS (Residential)
RS (Residential)
(336) 987-0808

Contacts

  • Listing ID: 32715957

  • Date on Market: 2024-08-07

  • Last Updated:

  • Address: 3985 NC 268 Hwy, Pilot Mountain, NC 27041

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Twin Oaks | 3985 NC 268 Hwy
(336) 987-0808 x

Twin Oaks | 3985 NC 268 Hwy

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Phil Tockman

(336) 987-0808

(336) 987-0808

Nick Gonzalez, CCIM

(336) 724-1715

(336) 724-1715

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