
Seller's Agent in 2022
Hayden Thornburg
Thornburg & Associates, Inc.
(828) 816-1772
3 in this area
49 Total Sales
Crosstown Apartments: 24 units (2-story, 2 bedroom, 1.5 bath) and 6 units (1-story, 2 bedroom, 1 bath) = 30 total rental units. Most recent rental rates are $795/month & $800/month. Onsite dog park and recreation area make outdoor play convenient. All but one of the 1-story units have a covered carport or detached garage. The large paved parking lot offers plenty of parking for all other residents and visitors. In 2021 we performed a significant crawlspace renovation project which made the foundations look great (invoices available upon request). Owner pays Hickory city water, Republic trash service, street lights, and all maintenance (expenses avaible upon request). There are 18 septic tanks on the property servicing the apartments. February 2022 rent roll = $19,940; 2021 expenses averaged $2,067/month, which includes renovating units as they become vacant. This investment property has a long profitable future ahead of it.
Last Agent to Sell the Property
Thornburg & Associates, Inc. License #288437 Listed on: 02/02/2022
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Listing and Financial Details
Overview
Recreation
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/13/2022 04/13/22 | Sold | $2,600,000 | -7.1% | $85 / Sq Ft |
02/02/2022 02/02/22 | For Sale | $2,800,000 | -- | $91 / Sq Ft |
Seller's Agent in 2022
Hayden Thornburg
Thornburg & Associates, Inc.
(828) 816-1772
3 in this area
49 Total Sales
A
Buyer's Agent in 2022
Alicia Debnam
Fathom Realty NC LLC
(704) 880-9656
2 in this area
23 Total Sales
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3826265