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$11,500,000 For Sale

131 Salvet Street
Burlington, NC 27215

100 units | Multi Family Home
6.54 acre lot
Property Photo
1/5

Description

This multifamily property provides a stable and well occupied, quiet community with 98% occupancy. The property built in 2012, has 40 one bedroom units with one bath and 60 two bedroom units with one bath. The units have gourmet kitchens with faux granite countertops, brushed nickel hardware, dishwashers, over sized walk-in closets and washer/dryer connections. There is also a laundry facility on site and office. Projected NOI is $803,004 with a projected cap rate of 7%. This convenient location is just minutes from I-40 with lots of restaurants, banking and shopping just minutes away.

Features

  • Sub Type: Apt Complex
  • Year Built: 2012

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Contact

sbayer@multifamilyus.com
P.O. Box 39191 | Greensboro, NC 27438

227 W. 4th St. | Charlotte, NC 28202
336-314-6169

 








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MultiFamily USA
 
Greensboro, NC

Charlotte, NC

Raleigh, NC
 

MultiFamily USA|  336-314-6169