6 Un

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6 Un

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

What's Special

Located at 6 Un in Charlotte, North Carolina, this multifamily asset is situated within an established urban neighborhood characterized by a mix of residential and light commercial development. The property provides convenient proximity to the city’s central business district and various employment hubs. Nearby amenities include localized retail centers, grocery options, and public parks. Transportation access is supported by the Charlotte Area Transit System (CATS) bus routes and regional thoroughfares, facilitating commutes across the greater Charlotte metropolitan area. The property is suited for a multifamily rental operation targeting a diverse tenant base of local professionals and families. Its configuration allows for long-term residential leasing, catering to individuals seeking proximity to Charlotte's urban core and transit connectivity. Typical occupants generally include workforce tenants employed in the city's expanding financial, healthcare, and technology sectors. The location supports steady residential demand driven by the area's ongoing population growth and densification.

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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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