项目现场考察时间为 5 月 24 日,请提前预约。 预约请联系 Nate Mcdaniel ,电子邮件 nate.mcdaniel@marcusmillichap.com 或电话 704-831-4638。 投资亮点: 这个公寓小区共有 96 套公寓,具有很大的增值潜力。约 72% 的出租率,部分单位停用,需要进行翻新。 项目位于住宅社区内,毗邻 HS 购物中心和零售走廊。 目前的租金均价约为每月 544 美元,名义净收入为 391,006 美元。近几年已投入超过 100 万美元对 80 个单位进行翻新,包括维修屋顶。 可通过继续对停用单位进行翻新获得更多收入。 投资概述: Parkside Villas 是一个花园式社区,共有 96 个单位,位于北卡罗来纳州谢尔比(Shelby) Ramblewood 路 204 号。 小区始建于 1974 年,2016 年翻新,户型为: 20 套 1 卧 1 卫,56 套 2 卧/2 卫(1 卫无洗浴)和 20 套 3 卧/3 卫(1 为无洗浴)。 现业主至 2016 年以来已投入约 100 万美元进行建筑翻新,包括维修屋顶。 现业主购买了本项目后,对 96 套单位中的 80 套进行了翻新,目前还有一栋停用的公寓楼(8 套 2 卧,8 套 3 卧)需要翻新。 最后阶段的翻新计划已由一家设计公司完成,现业主已获得计划的许可。 80 套已翻新公寓在完成装修后已全部出租。已翻新的几栋楼宇出租率已达到 100%。 可通过翻新剩下的 16 套公寓,然后按照市场价格出租,提高项目收入。
***Close of escrow to be on or before June 28th 2017*** Property tours will be given on May 24 by appointment ONLY. Please contact Nate Mcdaniel to schedule at nate.mcdaniel@marcusmillichap.com or 704-831-4638. Investment Highlights: 96-Unit apartment community with value-add potential ±81% overall occupancy inclusive of down units Located in residential community adjacent to HS and retail corridor Current rents averaging ±544 monthly with pro forma NOI of ±$391,006 Recent renovation of 80 units with over ±$1 Million in CapEx inclusive of roofs repairs Value-Add opportunity through continued renovation of down units and future market rent increases Investment Overview: Parkside Villas (the “Property”) is a 96 unit garden style apartment community located at 204 Ramblewood Drive in Shelby, NC. Constructed in 1974 and renovated in 2016, the Property consists of twenty (20) 1 Bed/1 Bath, fifty-six (56) 2 Bed/1.5 Bath and twenty (20) 3 Bed/2.5 Bath apartments. The Property has undergone over $1,000,000 in CapEx since 2016 inclusive of roof repairs. Community amenities now include a completely remodeled building with laundry facilities, a shop and management office. The community was purchased with the intent to renovate and the current owner has renovated 80 of the 96 units with one down building (eight 2 bed and eight 3 bed units) ready to renovate. Renovations are permitted and currently underway with the HVAC complete, water meter set and inspections scheduled for 4 of the down 3-bedroom units. The final renovations have all been identified and permitted by a licensed engineering firm. Each of the 80 recently renovated units have been leased up following the completion of the renovation and the renovated buildings are currently at 100% occupancy. The value add opportunity of this investment pertains to finishing the renovations of the final 16 units and bringing all rents to market rates. Current rents are 11.21% below where rents could be upon completion of renovation. Assuming one of many competitive loan strategies, an investor can expect a double digit cash on cash return when all 96 units are stabilized. With a nationally registered historic business district, museums, theaters and parks, Shelby has a lot to offer. Shelby is located along U.S. 74, a highway that runs between Gastonia and Rutherfordton. Currently, U.S. 74 is connecting Interstate-85 and Interstate-26 in central and western NC. The property is located next to a local park, Plaster Park, which has a baseball field as well as an open field for activities. This connector will also connect the cities of Charlotte and Asheville with uninterrupted highway. The population of Shelby in 2015 was estimated to be 20,189. Shelby is approximately a one hour drive from the larger cities of Charlotte, Hickory, Gastonia, Kannapolis, and Concord. Parkside Villas represent an excellent value-add opportunity through renovation and lease up of the 16 units in the currently down building and increase of rents to market rates. This property will be auctioned on Tuesday, May 30 - Thursday, June 1 . The price displayed is the starting bid amount of $1,250,000. For information and to register to bid on this property, please visit Ten-X.com.