Twin Oaks | 3985 NC 268 Hwy
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Twin Oaks 3985 NC 268 Hwy
24 Unit Block of Flats £1,614,977 (£67,291/Unit) 6.61% Net Initial Yield Pilot Mountain, NC 27041
Investment Highlights
- AVERAGE RENT PER UNIT: $713/Month
- MARKET RENT PER UNIT: $850/Month
Executive Summary
Presenting Twin Oaks, a lucrative multi-family investment property situated in the heart of Pilot Mountain. This well-maintained 24-unit property presents an exceptional opportunity for investors seeking stable rental income along with value-add opportunities.
Property Facts
| Price | £1,614,977 | Apartment Style | Low Rise |
| Price Per Unit | £67,291 | Building Class | C |
| Sale Type | Investment | Lot Size | 5.37 AC |
| Net Initial Yield | 6.61% | Building Size | 18,156 SF |
| No. Units | 24 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1983 |
| Property Subtype | Apartment |
| Price | £1,614,977 |
| Price Per Unit | £67,291 |
| Sale Type | Investment |
| Net Initial Yield | 6.61% |
| No. Units | 24 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 5.37 AC |
| Building Size | 18,156 SF |
| Number of Floors | 1 |
| Year Built | 1983 |
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 24 | - | - |
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PROPERTY TAXES
| Parcel Number | 597602994712 | Improvements Assessment | £592,628 |
| Land Assessment | £55,006 | Total Assessment | £647,634 |
PROPERTY TAXES
Parcel Number
597602994712
Land Assessment
£55,006
Improvements Assessment
£592,628
Total Assessment
£647,634
zoning
| Zoning Code | RS (Residential) |
| RS (Residential) |
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Twin Oaks | 3985 NC 268 Hwy
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