329-369 Wells Drive, Forest City, NC
Multi-family for Sale - $229,900 - 11,592 Sq. Ft. on 49299.44 acres
Property Info
| CIMLS# | 593184 |
| Location 329-369 Wells Drive Forest City NC 28043 | |
| Updated | August 19th, 2013 |
| Type | Multi-family |
| Price | $229,900 |
| Building | 11,592 Sq. Ft. |
| Land | 49299.44 acres |
Property Description
Bank-owned Income property! Excellent upside with proper management. Value-add opportunity to heal the cash flow and occupancy. 17 unit apartment property. 3 one-story buildings and 1 two-story townhome building. Bank has local property management firm for showings. Please call list agent first. Rutherford County PIN #s 429785, 429786, 429787, 417098.
Location Description:
Very close to downtown Forest City and freeway access. Approximately 1 mile from downtown and one block from US 74 limited access freeway at Exit 182. Near restaurants, grocery and business services. 2 miles from Facebook's new $450 million dollar data center.
Highlights:
>> Value-add opportunity to heal a bank asset
>> Priced to sell immediately, bank will listen to all offers
>> 17 units with potential to gross over $68,000 a year
>> Location is 1 mile from freeway and near everything in downtown forest city
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Financials
Sales Info:
>> Commision split: 3.0%