3921-3945 The Plaza

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3921-3945 The Plaza

Charlotte, NC 28205
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located at 3921-3945 The Plaza.
  • Property situated in the Charlotte, North Carolina market.
  • Located within the 28205 zip code of Charlotte.
  • Well-positioned for residential rental operations and management.
  • Direct access to primary thoroughfares in the city.

What's Special

This multifamily apartment building sits at 3921-3945 The Plaza in Charlotte, North Carolina. Positioned within the 28205 zip code, the property benefits from the continued growth of the Charlotte metro area, a region known for its diverse economic base and significant employment hubs in finance and logistics. The Plaza corridor is a central artery that connects residential pockets to the urban core, providing residents with accessibility to major transportation routes and neighborhood retail. Investors and property operators often target this submarket for its steady demand for rental housing. The asset layout allows for potential repositioning or long-term hold strategies within a growing community. With its location in a well-traveled part of the city, the building provides a functional footprint for residential tenancy in a dense, developing urban environment.

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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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