100% Occupied | 10-Unit Apartment Complex | Charlotte MSA
$1,315,000
2611 Holton Ave, Charlotte, NC 28208
For Sale
Multifamily
Garden Low Rise
Active
Last Updated: 10/08/2025
6,000 sqft
Building Size
0.58 acres
Lot Area
Details:
Building Size: 6,000 sqft
Lot Area: 0.58 acres
Class: C
Units: 10
Year Built: 1985
Floors: 2
Highlights:
- 10 Class B 1 bedroom, 1 bathroom apartments located within a short distance of tens of thousands of jobs
- Current in place rents below market
- Average household income growth of 6.4% year over year
- Vacancy rate within 2.2 miles of 2611 Holton Ave: 2.2%
- Population growth: 1.5% annually
- Limited supply of like kind of apartments
- Bull Realty NC license number C17910
Description:
This proposed acquisition of 10 one bedrooms, one bathroom Class B apartments located just 2.2 miles west of Charlotte’s central business in a high growth, high demand, near-zero vacancy market is positioned to deliver immediate cash flow and appreciation due to market dynamics that strongly favor landlords: near-zero vacancies, rising household incomes, limited new supply, and accelerating population growth.
Located in Charlotte, NC
Documents:
| Title | ||
|---|---|---|
| Charlotte_Multifamily_Portfolio_Offering_Memorandum_-_2611_Holton_Avenue_v3.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
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