4835 Horseshoe Bend Road

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Address: 4835 Horseshoe Bend Road, Hudson, North Carolina, US

Atlanta & Southeast + Apartment Buildings

Created date: March 20, 2024

Date last updated: April 26, 2024

Property Description

Located just 15 minutes north of Hickory, this 10-UNIT APARTMENT COMPLEX in Hudson, NC overlooks the Western NC foothills and offers a 6.9% CAP! Maintained in excellent condition, each unit offers a covered front porch entrance, living room adjoining an eat-in kitchen, and an oversized half bath/laundry combo on the main level. Upstairs, you'll find two bedrooms sharing a spacious full bath. Tenants pay electricity, owner pays water and trash collection. Units are currently making $8,770/month in income with 2024 Pro Forma NOI showing at $82,915 (after expenses). Newest rental agreement signed at $1050/month. See MLS for individual unit details and P&L.

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Available

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$1,199,000
No. of Units:	10
Year Built:	1989
Lot Size:	10,256.00 Sq ft
Opportunity Zone:	No
Price per unit:	$119,900
Property Website	Click Here
Number of Bedrooms:	20
Number of Bathrooms:	20

Address: 4835 Horseshoe Bend Road, Hudson, NC 28638, USA

Provided by:

Standard Status: Active

MLS Listing Number: 4098650

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