6 Un

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6 Un

Charlotte, NC 28206
Asking Price
$950K
Asset Type
Multifamily
Class
Class B

What's Special

Adjacent to the central business district in Charlotte, North Carolina, 6 Un is situated within a high-density urban corridor. The neighborhood is characterized by a mix of historic residential structures and modern commercial developments, offering a walkable environment near the city's primary financial and employment hubs. Residents have immediate access to regional transit options, including the LYNX Light Rail system and major thoroughfares like I-77. Local amenities include a diverse selection of grocery stores, retail centers, and public green spaces within a two-mile radius. This multifamily asset is positioned for long-term residential leasing, catering to a professional tenant demographic seeking proximity to Uptown employment. The location is well-suited for workforce housing or market-rate apartments, attracting young professionals and urban commuters who prioritize short commute times and central city access. Its configuration supports a high-occupancy model, potentially serving as a stabilized income-producing property or a value-add opportunity within Charlotte’s growing housing market. The site is optimized for residents looking for a low-maintenance lifestyle in a well-connected metropolitan setting.

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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02

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