101 Arbor Run Drive, Lincolnton, NC
Multi-family for Sale - 120,000 Sq. Ft. on 49299.44 acres
Property Info
| CIMLS# | 798200 |
| Location 101 Arbor Run Drive Lincolnton NC 28092 | |
| Updated | August 11th, 2015 |
| Type | Multi-family |
| Price | Upon Request |
| Building | 120,000 Sq. Ft. |
| Land | 49299.44 acres |
Property Description
The Oaks Apartments offers the investor an opportunity to acquire a well maintained best in market community near the dynamic Charlotte MSA. The existing 3.9% HUD debt is fully amortizing and assumable. The Oaks has been very well maintained by the owner/developer.
Location Description:
Conveniently located near the recreation of Lake Norman, the metropolitan life of Charlotte, the local shopping in Lincolnton, Gastonia, Huntersville, and Hickory, and the beauty of the Blue Ridge Mountains in Blowing Rock and Boone. Lincolnton is the county seat of Lincoln County in North Carolina
Highlights:
>> 2002 construction
>> Excellent 1, 2 & 3BR floor plans
>> Low maintenance brick and vinyl exteriors
>> Garage rentals provide additional income
>> Near Charlotte/Gastonia, Hickory, and Lake Norman
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Financials
Sales Info:
>> Commision split: 1.125%