4312 Tantilla Circle

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4312 Tantilla Circle

Charlotte, NC 28215
Asking Price
$560K
Asset Type
Multifamily
Class
Class B

What's Special

4312 Tantilla Circle is located in the East Forest neighborhood of Southeast Charlotte, North Carolina. This residential pocket provides close proximity to the Independence Boulevard (US-74) corridor, a major artery connecting the area to Uptown Charlotte. Local amenities include the nearby McAlpine Creek Greenway and several retail centers along Monroe Road, such as the MoRA district. Public transportation is accessible via Charlotte Area Transit System (CATS) bus routes, offering connectivity to regional employment hubs and essential services within a five-mile radius. The asset is structured for multifamily residential use, well-suited for a workforce housing model or a value-add investment strategy. Given the neighborhood’s mix of suburban character and urban accessibility, the typical tenant profile consists of local professionals, small households, and commuters seeking proximity to central Charlotte. The location caters to residents who prioritize a residential setting with direct access to the city's major commercial corridors and outdoor recreational spaces.

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NOI
$80,000
Cap Rate
14.29%
DSCR
2.41
Strong
Cash-on-Cash
27.85%
Monthly Payment
$2,769.09
Annual Cash Flow
$46,770.917

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