Whitney Commercial Real Estate Services

Multi Family

59 Mulberry Street Clyde NC 28721

Clyde, NC59 Mulberry Street

Price$710,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR3667989

  • MultiFamily
  • Bedrooms 16
  • Square Feet 6192
  • Year Built 2006
  • Acreage 0.49

Impeccably maintained 8 unit apartment complex listed at only $88,750 per unit. The Mulberry Apartments are 100% occupied with a strong history of stabilized financials available and recent appraisal showing 6.75% cap rate. Thoughtful construction is built to last and includes double insulated walls, covered entrances, patio or balcony off each bedroom, updated finishes, laundry hookups in hall closets, individual heat pumps, ample storage, and paved parking. Only one owner since the building's construction in 2006. Efficient 2 bedroom, 1 bath floor plans averaging 774 SF each. Located off Main Street in Clyde with restaurants and shops within walking distance. Immediate proximity to interstate is ideal for commuters and just minutes from Waynesville and 25 miles west of Asheville. Large greenspace overlooking Depot Street with potential to accommodate future expansion.

Listed by Stephanie West of Whitney Commercial Real Estate

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$/month over payments
Federal 30-year interest rate: 2.72% last updated on Nov 25, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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