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2232 Alma Ct 6 Unit Apartment Building $1,301,253 CAD ($216,876 CAD/Unit) Charlotte, NC 28206
Investment Highlights
- Value-Add with major CapEx completed
- Directly in Path of Growth
- 3 of 4 Vacant Units Rent-Ready
Executive Summary
This 6-unit asset offers a clean value-add lease-up opportunity in North Charlotte with limited remaining execution risk. The property is currently ~33% occupied, with the majority of vacant units rent-ready and one unit requiring renovation, providing a clear path to near-term NOI growth. All units feature 2BR/1BA layouts averaging ~776 SF, with strong market rent support and substantial capital improvements already completed with the majority of units renovated, replaced roofs on 4, and HVACs. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the asset sits within an active growth corridor supported by durable rental demand
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Large Bedrooms
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 077-052-25 | Improvements Assessment | $527,364 CAD |
| Land Assessment | $208,483 CAD | Total Assessment | $735,847 CAD |
Property Taxes
Parcel Number
077-052-25
Land Assessment
$208,483 CAD
Improvements Assessment
$527,364 CAD
Total Assessment
$735,847 CAD
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2232 Alma Ct
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