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FAITS SAILLANTS DE L'INVESTISSEMENT
- Close to Hickory, NC - strong industrial growth!
- Additional room in office to produce more income!
- Major renovations include updated washer/dryer, HVAC units, hot water heaters, & roof!
RÉSUMÉ DE L'ANNONCE
Your next investment opportunity! The owners of this multifamily property have renovated units to varying degrees as the units have come available.?
Renovation highlights include:
?New flooring
?New kitchen cabinets
?New HVAC units
?New hot water heaters
?Energy efficient windows
?LED lighting
Property Addition:
?On-sight laundry
?New washers/dryers in 2024
Office on Property
?There is an office on the property not currently being utilized that could produce additional income
LOCATION.? LOCATION.? LOCATION!
Conover sits in the Hickory–Lenoir–Morganton MSA, which is undergoing a manufacturing and logistics resurgence.?
Direct access to I-40, US-70, and NC-16 easily connects Conover to Hickory (~10 min), Charlotte (~45 min), and Winston-Salem (~1 hour).?
Positioned along the NC Freight Rail Corridor & close to regional airports makes it ideal for logistics, workforce housing, and tenant accessibility.?
Companies like Apple, Corning, and Prysmian Group are fueling regional growth, bringing high-paying blue and white-collar jobs within a 30-minute commute.?
Conover is nestled between Charlotte and the Research Triangle, both of which anchor North Carolina's tech and data economy.?
Specifically:
Apple’s $1B data center in nearby Maiden, NC (just 15 mins from Conover)
Google’s $600M data facility in Lenoir (35 mins from Conover)
Facebook (Meta) and others have shown long-term interest in this energy-stable region for data operations
These data centers came for the cheap land, robust electrical grid, and fiber infrastructure that runs along this region’s rail and highway corridors.?
LOCATION.? LOCATION.? LOCATION!
Industrial-Tech Convergence
This area blends:
?Legacy manufacturing infrastructure
?A growing logistics sector
?Newer investments in tech-enabled manufacturing, like robotics, AI-driven warehousing, and precision machining
?The fiber and power infrastructure left behind (or built anew) by data center expansion has made this corridor ripe for tech-adjacent commercial and multifamily growth — hence, a kind of “data meets industrial” corridor.?
Conover is strategically positioned in a fiber-rich, infrastructure-heavy corridor that supports tech, logistics, and scalable housing demand.?
Unit Mix:
12 Units:
?1,150 sq ft
?3 bed, 1.5 bath
?Townhouse style
?Current rents: $1,350
12 Units:
?950 sq ft
?2 bed, 1.5 bath
?Townhouse style
?Current rents: $1,150
6 Units:
?750 sq ft
?1 bed, 1 bath
?Garden style
?Current rents: $950
Renovation highlights include:
?New flooring
?New kitchen cabinets
?New HVAC units
?New hot water heaters
?Energy efficient windows
?LED lighting
Property Addition:
?On-sight laundry
?New washers/dryers in 2024
Office on Property
?There is an office on the property not currently being utilized that could produce additional income
LOCATION.? LOCATION.? LOCATION!
Conover sits in the Hickory–Lenoir–Morganton MSA, which is undergoing a manufacturing and logistics resurgence.?
Direct access to I-40, US-70, and NC-16 easily connects Conover to Hickory (~10 min), Charlotte (~45 min), and Winston-Salem (~1 hour).?
Positioned along the NC Freight Rail Corridor & close to regional airports makes it ideal for logistics, workforce housing, and tenant accessibility.?
Companies like Apple, Corning, and Prysmian Group are fueling regional growth, bringing high-paying blue and white-collar jobs within a 30-minute commute.?
Conover is nestled between Charlotte and the Research Triangle, both of which anchor North Carolina's tech and data economy.?
Specifically:
Apple’s $1B data center in nearby Maiden, NC (just 15 mins from Conover)
Google’s $600M data facility in Lenoir (35 mins from Conover)
Facebook (Meta) and others have shown long-term interest in this energy-stable region for data operations
These data centers came for the cheap land, robust electrical grid, and fiber infrastructure that runs along this region’s rail and highway corridors.?
LOCATION.? LOCATION.? LOCATION!
Industrial-Tech Convergence
This area blends:
?Legacy manufacturing infrastructure
?A growing logistics sector
?Newer investments in tech-enabled manufacturing, like robotics, AI-driven warehousing, and precision machining
?The fiber and power infrastructure left behind (or built anew) by data center expansion has made this corridor ripe for tech-adjacent commercial and multifamily growth — hence, a kind of “data meets industrial” corridor.?
Conover is strategically positioned in a fiber-rich, infrastructure-heavy corridor that supports tech, logistics, and scalable housing demand.?
Unit Mix:
12 Units:
?1,150 sq ft
?3 bed, 1.5 bath
?Townhouse style
?Current rents: $1,350
12 Units:
?950 sq ft
?2 bed, 1.5 bath
?Townhouse style
?Current rents: $1,150
6 Units:
?750 sq ft
?1 bed, 1 bath
?Garden style
?Current rents: $950
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Classe d’immeuble | C |
| Nombre d’unités | 30 | Taille du lot | 2,63 AC |
| Type de propriété | Immeuble residentiel | Taille du bâtiment | 34 377 pi² |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | Jardin | Année de construction | 1969 |
| Zonage | R-9A - Résidentiel, maison individuelle à haute densité | ||
| Type de vente | Investissement |
| Nombre d’unités | 30 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 2,63 AC |
| Taille du bâtiment | 34 377 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1969 |
| Zonage | R-9A - Résidentiel, maison individuelle à haute densité |
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 3+1.5 | 12 | 1 869 $ CAD | 1 150 |
| 2+1.5 | 12 | 1 592 $ CAD | 950 |
| 1+1 | 6 | 1 315 $ CAD | 750 |
Impôts fonciers
| Numéro de lot | 3732129762920000 | Évaluation des bâtiments | 2 581 811 $ CAD |
| Évaluation du terrain | 65 284 $ CAD | Évaluation totale | 2 647 095 $ CAD |
Impôts fonciers
Numéro de lot
3732129762920000
Évaluation du terrain
65 284 $ CAD
Évaluation des bâtiments
2 581 811 $ CAD
Évaluation totale
2 647 095 $ CAD
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