11810 Chelton Ridge Lane
$2,500,000 Active
Subdivision: Stillwater

This listing is for one of 18 units being sold together at the listed price. This unit is part of a well seasoned Residential Income Portfolio. All of the properties are in well established neighborhoods with high demand in areas including this one in the Ballantyne area, others at or near The Plaza, Near Uptown, NC Music Factory, Druid Hills South, Biddleville, JC Smith University area, I-77, I-285. Rents in this portfolio range from $500 to $1600 per month. Tenants pay utilities, gross yearly income over $182,000 for year 2018 with expected Cap Rate 5.5%+ based on owner's discretion in multiple expense items. Qualified investors with cash or cash equivalent, 50%-60% leveraged transactions also welcome! The homes are tenant occupied, do not disturb residents. Contact your Real Estate Broker for additional information and brochure available with this listing. The 18 units are part of a larger portfolio also available to sell. Units will not be sold individually.

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Basic Information
MLS#: 3391099
Price: $2,500,000
Square Footage: 18,627
Bedrooms: 50
Bathrooms: 25 Full
Acreage: 0.10
Year Built: 2000
Number of Units: 18
Elementary School: Hawk Ridge
Middle School: Community House
High School: Ardrey Kell
Details
Waterfront/water view: No
Parking: Parking Space - 2
Siding: Brick Veneer Partial,Vinyl,Wood
HVAC: Central Air
Exterior Features: Deck
Listing Courtesy Of: DPW Realty Group Inc

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