Station Two22 | 82 Apartments & 9,200 SF Retail
222 S. Main Street Mooresville NC 28115
- Price$26,200,000
- Acres2.73
- Located in Mooresville- North Carolina’s Fastest Growing City!
- Incredibly Well Located- Charlotte MSA, second largest banking hub in the USA.
- High Growth Area- Average rents in MSA at $1,578 with room to grow. Proximity to highly-ranked schools and Lake Norman. Mooresville 2023 wage growth was 4.5%.
- Attractive Seller Participation- Some seller rollover equity available.
- Highly-Curated Commercial/Residential Mix- Station Two22 has a diverse mix of tenants that serve as an added amenity to the tenants and diversify the income for a landlord.
Broker:
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Nick Gonzalez, CCIM Email
Details
Property Information
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Property Type
Investment
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Year Built
2023
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Acres
2.73
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Units
82
Pricing & Terms
-
Price
$26,200,000
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Cap Rate (Actual)
5.0%