Projected CAP rate = 8% to 9%. ..................Per research North Carolina is one of the 4 states in US to continue experice significant growth in next two decades. Charlotte MSA ( metro region) is going to experience growth for next two decades. Concord area ( which is part of Charlotte MSA) is expected to grow at a ate of 34% or more in next decade! This 129 Unit, 4 block aparments for $15 million is a killer deal for any investors. Swimming pool, park, club house.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
