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Multifamily

Julia Apartments

2301 Julia Ave, Charlotte, NC 28206

Listing Price: Request For Offer

Number of Units
21
Occupancy
82.2%
Gross SF
16,550

Investment Overview

Marcus & Millichap is pleased to exclusively present, to qualified investors, Julia Apartments, a 21-unit townhouse/single family home community located in Charlotte, North Carolina. Julia Apartments are conveniently located 3.5 miles from the center of downtown Charlotte and adjacent to I-77. This asset is comprised of 14 single family homes that share a community courtyard and parking lot; adjacent to the homes are 7 townhome style units, all of which are 2 bed 1 bath units. The community has undergone extensive interior and exterior renovations. Units received new subflooring, roofs, LVT flooring, solid wood interior doors, new cabinetry, A/C units, counter tops, appliance packages, windows and a fresh coat of interior and exterior paint. The community offers a brand-new laundry facility for tenants to use as well as an onsite management office that can be converted into a rentable unit. This community is located in a rapid growing pocket of Charlotte that is in the beginning phases of gentrification. This community is currently achieving rental premiums for the surrounding area but due to the property being in the direct path of progress potential investors can expect to see rapid organic rent growth.

Investment Highlights

  • Recently Renovated
  • 3.5 Miles To Uptown Charlotte
  • Located In A Rapidly Growing Pocket Of Charlotte
  • Achieving Rental Premiums

Exclusively Listed By

Multifamily

Julia Apartments

Listing Price: Request For Offer

Number of Units
21
Occupancy
82.2%
Gross SF
16,550

Investment Highlights

  • Recently Renovated
  • 3.5 Miles To Uptown Charlotte
  • Located In A Rapidly Growing Pocket Of Charlotte
  • Achieving Rental Premiums

Investment Overview

Marcus & Millichap is pleased to exclusively present, to qualified investors, Julia Apartments, a 21-unit townhouse/single family home community located in Charlotte, North Carolina. Julia Apartments are conveniently located 3.5 miles from the center of downtown Charlotte and adjacent to I-77. This asset is comprised of 14 single family homes that share a community courtyard and parking lot; adjacent to the homes are 7 townhome style units, all of which are 2 bed 1 bath units. The community has undergone extensive interior and exterior renovations. Units received new subflooring, roofs, LVT flooring, solid wood interior doors, new cabinetry, A/C units, counter tops, appliance packages, windows and a fresh coat of interior and exterior paint. The community offers a brand-new laundry facility for tenants to use as well as an onsite management office that can be converted into a rentable unit. This community is located in a rapid growing pocket of Charlotte that is in the beginning phases of gentrification. This community is currently achieving rental premiums for the surrounding area but due to the property being in the direct path of progress potential investors can expect to see rapid organic rent growth.

Exclusively Listed By

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