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Charlotte 58 SFR -Value Add Portfolio

Charlotte MSA

58# of Units

1151Avg. Sq. Ft.

$970Avg. Rent

SFR Detached

Overview

58 Homes in Gastonia County (West Charlotte). Most homes are single family detached with 5 townhomes and one triplex mixed in. Homes have been owned and managed by a private investor for a number of years. Perfect opportunity to add-value, increase rents or flip the homes for a profit.

The owner will consider short term seller financing for the right buyer.

Basic Numbers:
Average Home ARV: $185k
Average Homes Rehab Budget: $12,500
Average As-Is Value: $172,500
Average Asking Price: $150,000

Average in Place Rents: $970
Average Market Rents: $1470

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