Charlotte, North Carolina
|
Fully Rehabbed Cash-Flow Properties with Tenants
|
| Location: |
Charlotte, North Carolina |
7 Available
|
| Property Type: |
Single Family Homes |
| Purchase Price: |
Starting at $72,000 |
| Estimated Equity: |
Up to $10% |
| Appreciation Forecast: |
3.6% (36 month) |
| Cash Flow: |
$242 /month (see proforma) |
| Capitalization Rate: |
8.8% (see proforma) |
| Return on Investment: |
168% (see proforma) |
| DealGrader™ Score: |
8.3 (out of 10) |
Property Overview
- All properties are fully rehabbed within the city of Charlotte, NC.
- All properties are tenant occupied and managed by professional management.
- 3 and 4 bedrooms, 1-3 baths, up to 2 car garages in desirable neighborhoods.
Charlotte is the center of the nation's sixth largest urban region. This fact is startling considering that Charlotte, a mid-sized city with a population of 716,874, is the largest city within the region. As a result, Charlotte has emerged as a financial, distribution and transportation center for the entire urban region. In addition, Charlotte has developed into a major wholesale center with the highest per capita sales in the United States.
Charlotte is among the nation's strongest real estate markets with a population expected to grow by 3% in 2010.
From the Charlotte Chamber of Commerce:
- Cost of living below the national average
- City, County and State AAA bond ratings
- Average of 644 airline flights daily
- 12,165 new jobs for 2008
- $14 billion in annual retail sales
- 1st most educated workforce
- 1st America's most livable communities
- 1st large county for business recruitment 1st top market for apartment owners
- 1st top state business climate
- 2nd economic strength ranking
- 2nd largest banking center
- 2nd best city for entrepreneurs
- 4th best city for relocating singles
- 5th best city for business
- 6th in no. of Fortune 500 headquarters
- 10th most active airport in the U.S. 20th largest city
Back to Real Estate Investments
»