204 Sams Trail

    Dallas, NC 28034
    • $4,500,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 3604059
    UPDATED: 52 min ago
    $4,500,000
    • 66
      BEDS
    • 22.52
      ACRES
    • 37
      BATHS
    • 18
      1/2 BATHS
    • 30,488
      SQFT
    • $148
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Offered by Keller Williams Select. Copyright 2020 Canopy MLS. All rights reserved.

    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.

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    Based on information submitted to the MLS GRID as of 2020-03-31T23:58:44.833 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The Premier Team at RE/MAX Executive Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2020 Canopy MLS.

    Digital Millennium Copyright Act
    www.yourcharlottehome.com/homes/104382900

    204 Sams Trail Dallas, NC 28034

    • Price: $4,500,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 3604059
    66
    Beds
    37
    Baths
    18
    ½ Baths
    22.52
    Acres
    30,488
    SQFT
    $148
    $/SQFT
    1985
    Built
    Neighborhood:
    None
    County:
    Gaston
    Area:
    Dallas
    Elementary School:
    Kiser
    Middle School:
    Cramerton
    High School:
    Unspecified
    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.
    Exterior Features

    Architectural Style Other Construction Materials Aluminum SidingBrickShingle SidingVinyl Siding Exterior Features Workshop Lot Features CreekfrontHillySlopedWooded Other Parking Mindy Ln -Parking Lot Sams Trail - 2 Assigned Parking Spaces in Front Of Units Parking Features Attached GarageCarport - 1 CarCarport - 2 CarDetachedGarage - 2 CarKeypad EntryParking Space - 2 Parking Total 71 Road Surface Type Concrete Waterfront Features None

    Interior Features

    Appliances Ceiling Fan(S)Co DetectorElectric Dryer HookupElectric OvenElectric RangeFreezerPlumbed For Ice MakerMicrowaveOvenRefrigerator Below Grade Finished Area 0 Building Area Total 30488 Fireplace Features Living RoomWood Burning Fireplace YN Yes Flooring CarpetTileLaminateTileVinylVinylWood Foundation Details BlockSlabCrawl SpaceSlab Heating Heat PumpHeat Pump Laundry Features Main LevelIn Kitchen

    Property Features

    Community Features PlaygroundRecreation AreaStreet Lights Listing Terms CashConventionalSeller Financing New Construction YN No Property Sub Type Multi-Family Sewer Septic Installed Special Listing Conditions None Structure Type Apartments Tax Assessed Value 1960000 Water Source Well



    Based on information submitted to the MLS GRID as of 2020-03-31T23:58:44.833 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The Premier Team at RE/MAX Executive Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2020 Canopy MLS.

    Digital Millennium Copyright Act
     
    The Premier Team at RE/MAX Executive Realty
    12104 Copper Way, Ste. 100
    Charlotte NC, 28277
    Offered by Keller Williams Select. Copyright 2020 Canopy MLS. All rights reserved.