2232 Alma Court, Charlotte, NC 28206

$950,000
12
BD
4,656
SqFt

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Listing courtesy of Britt Commercial Real Estate, LLC. zbritt@brittcre.com

List Price
$950,000
MLS#
4339954
Status
ACTIVE
Days on Market
186
Property Type
Residential Income
Year Built
1964
Bedrooms
12
Full Baths
6
Lot Size
25,395
Lot Size Area
0.583
Living Area
4,656
Sq Ft Total
4656
County
Mecklenburg
Special Conditions
None

Property Description

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

Additional Information

Equipment
Dishwasher, Electric Range, Microwave, Refrigerator
Foundation
Crawl Space
Laundry Location
In Unit
Heating
Central
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Full
Parking
Parking Lot
Driveway
Asphalt, Paved
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
4656

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

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