Price
$2.75M
Units
16
Status
active
Investment Highlights
- Turnkey Investment
- Renovated in 2025
- Growth Corridor in North Charlotte
- Easy Access to I-85, Uptown, etc
Property Description
2607 Cedarhurst Dr is a 16-unit multifamily offering an all 2BR/1BA unit mix averaging 841 SF, with the majority of interiors renovated and 15 of 16 units currently occupied and generating strong in-place cash flow + rents. Located in Charlotte's Derita submarket - just 5 miles from Uptown, 0.4 miles from I-85, near Camp North End, NoDa Arts District, transportation, retailers, employers, etc. All contribute to the consistent workforce housing demand in one of North Charlotte's most active rental corridors. There is additional NOI upside through renovating and leasing the remaining vacant unit!
Offering Materials
Access detailed financial information, rent rolls, and the offering memorandum.