Seller Financing
Address
204 Sams Trail Dallas, NC
Price
$ 4,500,000
Property Attributes
  • ML#3604059
  • TypeMulti-Family
  • CountyGASTON
  • CityDallas
  • AreaGaston County
  • Zip28034
  • Style
  • Price$ 4,500,000
  • Bedrooms66
  • Full Bathrooms37
  • Half Bathrooms18
  • Sqr Footage30488
  • Lot Size22.52 Acres
Listing Provided Courtesy Of:
Keller Williams Select
Property Description

An incredible investment opportunity in the growing city of Dallas. Completed updated 33 unit complex composed of 3 SFH, 3 duplexes, 2 sixplexes, 1 fiveplex, 1 fourplex, and 1 triplex on 22.5 acres of land. There are 2 vacant parcels included that offer a unique opportunity for expansion. Some units are still below market rent. Gross rents are over 290K with the potential to reach $330K with rental increases. Currently at 100% occupancy with pre leases at market rent through 5/2020 & a waitlist of ten qualified tenants. Turn key units w/renovations that include carpet, vinyl floors, wood floors, paint, and crown molding. All three single family homes were brought down to the studs and have brand new cabinets, vanities, toilets, and everything listed above. Playground and picnic area will be installed prior to sale. Centrally located just 30 minutes to Charlotte, 15 Minutes to Gastonia and Lincolnton. Please do not disturb the tenants. Listing agent is to accompany all showings.

Elementary School Middle School High School
Kiser Elementary School Cramerton Middle School Unspecified High School
Price History
3/23/2020 Listed $4,500,000

General Features

Elementary School Kiser
Flooring Carpet, Tile, Laminate, Tile, Vinyl, Vinyl, Wood
High School Unspecified
Middle/Junior School Cramerton
New Construction False
Total Units 33

Interior Features

Fireplace Y/N True
Heating Heat Pump, Heat Pump
Laundry Features Main Level, In Kitchen

Exterior Features

Building Area Total 30488
Construction Materials Aluminum Siding, Brick, Shingle Siding, Vinyl Siding
Lot Size Area 22.52
Parking Features Attached Garage, Carport - 1 Car, Carport - 2 Car, Detached, Garage - 2 Car, Keypad Entry, Parking Space - 2
Sewer Septic Installed
Total Parking 71
Water Source Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 28034

Price
AVG $4.5M
$4.5M
Visits
AVG 22
21
Year Built
AVG 1985
1985

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