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Portfolio Stony Point, NC

4 Properties Offered at £1,420,200 in Stony Point, NC

Investment Highlights

  • Four fantastic commercial assets including three retail and one multifamily ,which are all occupied resulting in a 6.9% cap rate.
  • Located off of U.S Highway 64 close to major interstates 77 and 40.
  • Surrounded by other high-traffic retail including Dollar General, BP, and Dairy Bar.
  • Plenty of available parking included for the retail buildings, as well as signage.
  • Situated along the railroad tracks on the main thoroughfare of the town of Stony Point.
  • Just one hour north of Downtown Charlotte.

Executive Summary

PRICE DROP!
Bring us your BEST offer. Owners are willing to unload portfolio for a fair price.
This sale includes a large grocery store, large stand alone seafood restaurant, second smaller pizza restaurant, and a mobile home community. A large portion of land is included in this sale as well, so this would be a great opportunity for development in the future. The commercial buildings are currently fully leased. There is room for more mobile homes if the future owner is interested in leasing out the vacant spaces. Located off of three major highways and just one hour north of downtown Charlotte.

Taxes & Operating Expenses (Actual - 2020)

Annual
Gross Rental Income £107,994
Other Income -
Vacancy Loss -
Effective Gross Income £107,994
Net Operating Income -

Taxes & Operating Expenses (Actual - 2020)

Gross Rental Income
Annual £107,994
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual £107,994
Net Operating Income
Annual -

Property Facts

Price £1,420,200
Price / SF £41.34 / SF
Sale Conditions Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 34,352 SF
Total Land Area 7.06 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
175 June Bug Dr, Stony Point, NC 28678 Residential 16,000 SF 1974 -
5119 Taylorsville Hwy, Stony Point, NC 28678 Retail 8,000 SF 1974 -
5135 Taylorsville Hwy, Stony Point, NC 28678 Retail 9,552 SF 1970 -
5135 Taylorsville Hwy, Stony Point, NC 28678 Retail 800 SF 1970 -
Show More > < Show Less
  • Listing ID: 24535380

  • Date on Market: 22/11/2021

  • Last Updated:

  • Address: Portfolio Stony Point, NC, Stony Point, NC

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