174 Emery Avenue Northwest

Concord, NC 28027

$20,500,000
Price
Beds
114,000 Sq. Ft.
$180 / Sq. Ft.
114,000
Sq. Ft.
$180
per Sq. Ft.

Description

NEW 132 unit (96 2BR; 36 1BR) multi family, 114K gross sft apartment visible from I-85, within 2 miles of Atrium health- Cabarrus, Carolina mall, shopping, restaurants, and close proximity to exits 58/55 on I-85. Total 4 buildings with each 3 stories on 8.62 acre site. Currently under construction. First building to be completed by Dec'21 and remaining buildings to be completed by May/Summer 2022. Looking for serious buyers with LOI.....

Property Details for 174 Emery Avenue Northwest

Zoning Description
RC
Parking Features
Driveway

Location

Listing Courtesy of NorthGroup Real Estate, Inc.

Property Details for 174 Emery Avenue Northwest

StatusWithdrawn
MLS #3737375
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built2022
Lot Size8.62 AC / 375,487 SF
CountyCabarrus County

Listing Agent

Ramana Sunkam

Ramana Sunkam

NorthGroup Real Estate, Inc.

realtor1.ramana@gmail.com

P: 704.412.2804

M: 330.949.1007

Contact Agent(s)

Location

Listing Courtesy of NorthGroup Real Estate, Inc.

Building Information for 174 Emery Avenue Northwest

Stories-Residences-Year Built2022Building Size-Lot Size8.62 AC / 375,487 SF

Payment Calculator

$68,702 per month

30 year fixed, 2.95% Interest

Principal and Interest

$68,702

Property Taxes

HOA Dues

$0

Property Information for 174 Emery Avenue Northwest

Summary
    Location and General Information
  • Longitude: -80.616316
  • Postal Code: 28027
  • Unit Number: [132 units multi family]
  • State Or Province: NC
  • Geocode Source: Manual
  • County Or Parish: Cabarrus
  • Latitude: 35.442599
  • Directions: Exits 58/55 on I-85.
  • City: Concord
    Taxes and HOA Information
  • HOA Subject To: Optional
  • Tax Assessed Value: $.00
  • Parcel Number: 56118939950000
    School Information
  • Middle Or Junior School: Northwest Cabarrus
  • High School: Northwest Cabarrus
  • Elementary School: Winecoff
    Parking
  • Main Level Garage: Yes
Property
    Lot Information
  • Structure Type: Apartments
  • Below Grade Finished Area: 0.0
  • Building Area Total: 114000.0
  • Living Area: 114000.0
  • Lot Size Area: 8.62
  • Property Sub Type: Multi-Family
  • Property Type: Residential Income
    Property and Assessments
  • New Construction: Yes
  • Photos Count: 9
  • Road Responsibility: Public Maintained Road
  • Construction Status: Under Construction
  • Construction Type: Site Built
  • Assumable: No
  • Year Built: 2022
  • Permit Syndication: Yes
  • Proposed Completion Date: 2021-12-18
    Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
    Exterior Features
  • Construction Materials: Vinyl Siding
    Interior Features
  • Appliances: ENERGY STAR Qualified Dishwasher
  • Water Heater: Gas
  • Heating: ENERGY STAR Qualified Equipment
  • Laundry Features: Other
  • Foundation Details: Slab
Multi Family
    Multi-Family Information
  • Unit Count: 0
  • Number Of Units Total: 132
Rental
    Rent Information
  • Tenant Pays: All Utilities
  • Rent Includes: See Remarks
  • Pets Allowed: Conditional

Property History for 174 Emery Avenue Northwest

DateEvent & SourcePriceAppreciation
Jul 8, 2021

Withdrawn

CANOPY #3737375

$20,500,000
May 29, 2021

Listed (Active)

CANOPY #3737375

$20,500,000
DateEvent & SourcePrice
07/08/2021

Withdrawn

CANOPY #3737375

$20,500,000
05/29/2021

Listed (Active)

CANOPY #3737375

$20,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 174 Emery Avenue Northwest


SchoolTypeGradesDistanceRating
Winecoff ElementaryPublicPK-50.3 mi
4
Cabarrus Early College of TechnologyPublicPK-K1.7 mi
NR
Cabarrus-Kannapolis Early CollegePublic9-122.4 mi
10
Cabarrus Co Opportunity SchoolPublic6-122.6 mi
NR

Winecoff Elementary

PK-5, 0.3 mi, Public

4

Cabarrus Early College of Technology

PK-K, 1.7 mi, Public

NR

Cabarrus-Kannapolis Early College

9-12, 2.4 mi, Public

10

Cabarrus Co Opportunity School

6-12, 2.6 mi, Public

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NorthGroup Real Estate, Inc.

Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 07/08/2021 01:19 PM. 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