103 Rooms

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103 Rooms

Charlotte, NC 28208
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B

What's Special

Located at 103 Rooms in Charlotte, North Carolina, this multifamily asset is situated in an area characterized by a blend of established residential pockets and growing commercial corridors. The property offers proximity to essential neighborhood amenities, including grocery retail and local dining options along major arterial roads. Residents benefit from regional connectivity via nearby Interstate 85 and public transit links, providing straightforward access to the Charlotte Douglas International Airport and the city's central business district. The property is suited for use as a long-term residential rental community or workforce housing. The location and scale of the asset cater to a tenant profile consisting of professionals seeking proximity to Charlotte’s primary employment hubs and service-sector workers requiring reliable transportation routes. The 103-unit configuration supports a standardized management model focused on stable occupancy and consistent residential demand within the urban periphery.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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