Keller Williams Professionals
Michele  Van Zandycke
Michele Van Zandycke, Keller Williams ProfessionalsPhone: (828) 215-6224
Email: [email protected]
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listing
1 of 48
CommercialFor Sale
$875,000
144 Nottingham Drive
Forest City, NC 28043
Listed by: Nai Allen Tate Beverly-Hanks Commercial, 330-718-3311
MLS: Canopy MLS
Est. Mortgage
$4,617/mo

A great multifamily value add opportunity! The sale includes both 144 Nottingham Dr. with a total of five units and 110 Evergreen Ln. with a total of four units. Both properties also include a second parcel with the potential opportunity to expand or build additional structures. Two units at each property have been partially renovated. There is significant potential for rent growth by renovating the five non-updated units or by doing a complete renovation on all units. Additionally, the non-updated units have purposely been rented on a month-to-month basis to allow a new owner an easy transition for renovations. All other units currently have yearly leases. Reach out to the listing brokers for more details on in-place financials and projected pro forma. Buyer responsible for confirming all unit conditions, mechanical details, and other items of importance prior to closing as the ownership is not local and makes no representation.

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Information courtesy of Nai Allen Tate Beverly-Hanks Commercial is subject to verification and is not guaranteed.
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