14 units, 3 building apartment complex. 100% occupied. 8 units are 2 BR/1 bath and 6 units are 1 BR/1BA. Metal roof is approximately 10 years old. Many upgrades which include updated plumbing, electrical, heat pump/central air in the 2 BR units and central heat new in the 1 BR units with window units, hot water heaters. Two community wells on the property and owners say water flow and supply are good. Current rent roll is $8430 per month/ $101,160 per year. Two units are not on the rent roll due to the owner retaining those for her employees and she rents the 2 BR at $650 and the 1 BR for $550 (same as all other tenants). Termite Warranty. Water is supplied by two community wells and owners provide electricity for the water.
Residential Income For Sale
114, 111, 126 Farmside Drive, Forest City, North Carolina 28043

- Butch Austin
- 704-451-0780
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butch@abcharlotte.com

- Jodi DIal
- Office 704-666-3258
- Cell 801-707-8789
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jodi@abcharlotte.com