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$3,000,000

Est. payment - /mo

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47 Beds

23 Baths

17,222 SqFt

New

2479 Julia AVE Charlotte, NC 28206

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Dez Gerald, LHS

dez@direalestatestaging.com +1(704) 441-9344

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 17,222 sqft

Price per Sqft $174

MLS Listing ID 4340001

Bedrooms 47

Full Baths 23

Abv Grd Liv Area 17,222

Year Built 1960

Lot Size 2.280 Acres

Acres 2.28

Property Sub-Type Apartment

Property Description

This 22-unit multifamily community offers a strong lease-up and stabilization opportunity in North Charlotte with limited remaining execution risk as the improvements have been made! The property is currently ~64% occupied, with the majority of units renovated and remaining vacant units largely rent-ready, allowing for immediate NOI growth through leasing. Only the clubhouse/SFR unit and one additional unit remain unrenovated, while significant capital improvements, including new roofs, updated HVAC systems, and extensive unit renovations, have already been completed. Clubhouse built 1940, apartments are 1960. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the asset sits within an active growth corridor supported by durable rental demand.

Location

State NC

County Mecklenburg

Zoning N2-B

Interior

Heating Central

Cooling Central Air

Appliance Dishwasher, Electric Range, Microwave, Refrigerator

Laundry In Unit

Exterior

Street Surface Asphalt,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Brick Full,Other - See Remarks

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Conditional

Senior Community false

Special Listing Condition None

Listed by Zach Britt • Britt Commercial Real Estate, LLC • zbritt@brittcre.com

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

8

Oaklawn Language Academy

Public | KG - 8
8

Highland Mill Montessori

Public | PK - 6
7

Irwin Academic Center

Public | KG - 5
6

Sugar Creek Charter

Public | KG - 8
5

Invest Collegiate

Public | KG - 6
5

University Park Creative Arts

Public | KG - 5
5

Statesville Road Elementary School

Public | PK - 5
4

First Ward Creative Arts Academy

Public | KG - 5
3

Winding Springs Elementary School

Public | PK - 5
3

Druid Hills Academy

Public | PK - 8
2

Aristotle Preparatory Academy

Public | KG - 3
2

Highland Renaissance Academy

Public | PK - 5
1

Bruns Academy

Public | PK - 8
1

Walter G. Byers School

Public | PK - 8
1

Charlotte Choice Charter

Public | KG - 5
0

Victory Christian Center School

Private | PK - 12
0

Berean Jr Academy

Private | PK - 8
0

Lincoln Heights Academy

Public | KG - 12
0

Metro School

Public | PK - 12
0

Turning Point Academy

Public | 4 - 12

Middle Schools 5

10

Piedmont International Baccalaureate Middle School

Public | 6 - 8
9

Northwest School of the Arts

Public | 6 - 12
4

Ranson Middle School

Public | 6 - 8
0

Charlotte Leadership Academy

Private | 6 - 12
0

King's Academy

Private | 6 - 12

High Schools 3

5

Hawthorne High School

Public | 9 - 12
4

West Charlotte High School

Public | 9 - 12
1

Performance Learning Center

Public | 9 - 12

School and business data provided by Attom Data.

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Dez Gerald, LHS

Broker | License ID: 244747

+1(704) 441-9344