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125 1st Avenue Dr SE 11 Unit Apartment Building $3,322,399 CAD ($302,036 CAD/Unit) 4.94% Cap Rate Taylorsville, NC 28681
INVESTMENT HIGHLIGHTS
- Located near the signalized intersection of E Main Ave & Linneys Mountain Rd.
- Strategically located in the heart of town, this property benefits from excellent visibility, accessibility, and proximity to local amenities.
- Additional adjoining parcels totaling 2+Acres are also available, providing even greater expansion opportunities.
- Fully-leased townhome community! Call for details regarding financials.
EXECUTIVE SUMMARY
Prime Investment Opportunity in the Heart of Taylorsville, NC Seize this exceptional income-producing property in the center of Taylorsville, NC! This fully leased, 11-unit, single-story townhome community offers immediate cash flow and long-term investment stability. Situated on additional acreage zoned MU, this property presents significant development potential, with a wide range of commercial and residential possibilities. Strategically located in the heart of town, this property benefits from excellent visibility, accessibility, and proximity to local amenities. Additional adjoining parcels totaling 2+Acres are also available, providing even greater expansion opportunities. Don’t miss this rare opportunity to acquire a thriving investment property with built-in income and room for future growth. Contact us today for more details!
PROPERTY FACTS
| Price | $3,322,399 CAD | Building Class | B |
| Price Per Unit | $302,036 CAD | Lot Size | 3.72 AC |
| Sale Type | Investment | Building Size | 11,594 SF |
| Cap Rate | 4.94% | No. Stories | 1 |
| No. Units | 11 | Year Built | 2017 |
| Property Type | Multifamily | Parking Ratio | 2.24/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | MU - Mixed Use | ||
| Price | $3,322,399 CAD |
| Price Per Unit | $302,036 CAD |
| Sale Type | Investment |
| Cap Rate | 4.94% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.72 AC |
| Building Size | 11,594 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Parking Ratio | 2.24/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MU - Mixed Use |
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PROPERTY TAXES
| Parcel Number | 0007406 | Improvements Assessment | $1,264,885 CAD |
| Land Assessment | $165,969 CAD | Total Assessment | $1,430,854 CAD |
PROPERTY TAXES
Parcel Number
0007406
Land Assessment
$165,969 CAD
Improvements Assessment
$1,264,885 CAD
Total Assessment
$1,430,854 CAD
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125 1st Avenue Dr SE
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