Commercial Real Estate in Matthews available for sale
Matthews 1031 Exchange Properties For Sale

1031 Exchange Property for Sale in Matthews, NC, USA

1031 Exchange Properties for Sale within 50 kilometers of Matthews, NC, USA

More details for 1422-1450 Nottingham Rd, Kannapolis, NC - Multifamily for Sale

1422-1450 Nottingham Rd

Kannapolis, NC 28081

  • 1031 Exchange Property
  • Multifamily for Sale
  • $5,074,526 CAD
  • 21,816 SF

Kannapolis Multifamily for Sale - Cabarrus County

The Townhomes at Cannon Mills located at 1422 Nottingham Dr., Kannapolis, NC, is a 24-unit townhome community situated on ±2.22 acres, comprised of two-story 2BR/1.5BA units with front and back porches in a quiet residential neighborhood just outside of Downtown Kannapolis. The property offers durable in-place cash flow with a clear path to additional revenue through continued rent optimization toward prevailing submarket levels, including the opportunity to further modernize remaining interiors with upgraded finishes to support premium rent positioning. A recent ±$500,000 capital improvement program materially reduces near-term CapEx and supports long-term performance, including an exterior overhaul (painted brick, metal awnings, shutters, upgraded lighting, gutters), new concrete patios and railings, new windows, upgraded electrical panels, utility optimization, a new asphalt parking lot with wheel bumpers, and targeted HVAC replacements. These improvements enhance curb appeal, operating efficiency, and durability. Kannapolis has emerged as a growth market anchored by the 350-acre North Carolina Research Campus, along with expanding healthcare and advanced manufacturing. The asset is located approximately 2.5 miles from Downtown Kannapolis, less than 5 miles from Atrium Health Cabarrus, and offers convenient access to I-85. It is approximately 25 miles to Uptown Charlotte, providing strong regional demand drivers with a favorable cost-of-living profile. For investors, Townhomes at Cannon Mills combines suburban stability with Charlotte-metro connectivity. It is an upgraded, well-located, income-producing asset positioned for continued performance in a market benefiting from sustained population and income growth.

Contact:

US Developments, LLC

Property Subtype:

Apartment

Date on Market:

2026-01-28

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More details for 4410 Flat Creek Rd, Heath Springs, SC - Retail for Sale

Flat Creek Commercial Site - 4410 Flat Creek Rd

Heath Springs, SC 29058

  • 1031 Exchange Property
  • Retail for Sale
  • $320,568 CAD
  • 2,794 SF
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More details for 301 E Windsor St, Monroe, NC - Office for Sale

301 E Windsor St

Monroe, NC 28112

  • 1031 Exchange Property
  • Office for Sale
  • $1,159,502 CAD
  • 5,399 SF
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1031 Exchange Properties For Sale

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