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Drake Circle 3000 Drake Cir

12 Unit Block of Flats £867,900 (£72,325/Unit) 9.82% Net Initial Yield Shelby, NC 28152

Investment Highlights

  • Great Location

Executive Summary

Prime investment available for $1,100,000. Totals 12 units for a total of 10,800 SF.

Property Facts

Price £867,900 Apartment Style Townhome
Price Per Unit £72,325 Building Class C
Sale Type Investment Lot Size 6.70 AC
Net Initial Yield 9.82% Building Size 10,800 SF
Sale Conditions Portfolio Sale Average Occupancy 93%
No. Units 12 Number of Floors 1
Property Type Residential Year Built 1977
Property Subtype Apartment
Price £867,900
Price Per Unit £72,325
Sale Type Investment
Net Initial Yield 9.82%
Sale Conditions Portfolio Sale
No. Units 12
Property Type Residential
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 6.70 AC
Building Size 10,800 SF
Average Occupancy 93%
Number of Floors 1
Year Built 1977

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Range
  • Carpet
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 12 - 900 - 1,800
1 of 1

zoning

Zoning Code R (Residential Use)
R (Residential Use)
  • Tony Sklavounakis
    Tony Sklavounakis
  • Prosperity Property Group, LLC
(704) 807-6129

  • Listing ID: 31159432

  • Date on Market: 08/03/2024

  • Last Updated:

  • Address: 3000 Drake Cir, Shelby, NC 28152

The Residential Property at 3000 Drake Cir, Shelby, NC 28152 is currently available For Sale. Contact Prosperity Property Group, LLC for more information.

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© 2024 CoStar Group

Drake Circle | 3000 Drake Cir
(704) 807-6129 x

Drake Circle | 3000 Drake Cir

Tony Sklavounakis

(704) 807-6129

(704) 807-6129

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