10 Un

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10 Un

Charlotte, NC 28206
Asking Price
$1.25M
Asset Type
Multifamily
Class
Class B

What's Special

10 Un is located in a rapidly evolving corridor of Charlotte, North Carolina. The property sits within a mixed-use neighborhood characterized by a blend of historic residences and modern commercial developments. Residents have immediate access to regional employment hubs and local amenities, including retail centers and dining options along nearby arterial roads. The location is served by the Charlotte Area Transit System (CATS), with multiple bus stops and light rail connections providing efficient transit to Uptown Charlotte and the surrounding suburbs. The asset is designed for multifamily residential use, offering modern floor plans suited for high-density living. Given its proximity to major corporate headquarters and medical centers, the property typically attracts young professionals, healthcare workers, and urban commuters. The site accommodates a stable tenant base seeking a balanced lifestyle with direct access to city infrastructure. It is well-positioned for long-term residential occupancy within Charlotte’s growing housing market.

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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