Courtesy of: Robin Creel, Coldwell Banker Boyd & Hassell, robincreelrealtor@gmail.com
Courtesy of: Robin Creel, Coldwell Banker Boyd & Hassell, robincreelrealtor@gmail.com
$1,199,000
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20 bed
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20.00 Bath (10 Full Bath , 10 Half Bath)
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Lot: 1.53 Acres
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Other
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$1,199,000
4835 Horseshoe Bend Road 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.
Courtesy of: Robin Creel, Coldwell Banker Boyd & Hassell, robincreelrealtor@gmail.com
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