20 Beds

10 Full baths

10,256 SqFt


Located just 15 minutes north of Hickory, this 10-UNIT APARTMENT COMPLEX in Hudson, NC overlooks the Western NC foothills and offers a 6.9% CAP! Maintained in excellent condition, each unit offers a covered front porch entrance, living room adjoining an eat-in kitchen, and an oversized half bath/laundry combo on the main level. Upstairs, you'll find two bedrooms sharing a spacious full bath. Tenants pay electricity, owner pays water and trash collection. Units are currently making $8,770/month in income with 2024 Pro Forma NOI showing at $82,915 (after expenses). Newest rental agreement signed at $1050/month. Seller financing available, call agent for details. See MLS for individual unit details and P&L.

Property Details
Price $1,199,000
Bedrooms 20
Full Baths 10
Half Baths 10
Property Style Cottage
Lot Size 1.53 Acres
Lot Size Area 1.53
Lot Size Area Units Acres
Property Type MultiFamily
MLS Sub type Eightplex+
Stories 2
Features Open Floorplan, Split Bedroom
Year Built 1989
Subdivision None
Roof Shingle, Metal
Heating Baseboard, Electric
Foundation Slab
Laundry Features In Bathroom, Main Level
Parking Description Assigned, Parking Space(s)
Parking Spaces 20
Garage spaces 0
Geographic Data
Directions 321N, left on Mission Rd, left on Hickory Nut Ridge, left on Horseshoe Bend Rd, on left.
County Caldwell
Latitude 35.82091588
Longitude -81.51620332
Address Information
Address 4835 Horseshoe Bend Road, Hudson, NC 28638
Postal Code 28638
City Hudson
State NC
Country United States
Listing Information
Listing Office Coldwell Banker Boyd & Hassell
Listing Office Phone 828-322-1005
Listing Agent Robin Creel
Listing Agent Phone 828-781-8512
Sub Agency Compensation Type %
Buyer Agency Compensation 3
Attribution Contact 828-781-8512
Sub Agency Compensation 3
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
School Information
Elementary School Hudson
Middle School Hudson
High School South Caldwell
MLS Information
Days on market 120
MLS Status Active
Listing Date Jan 8, 2024
Listing Last Modified May 7, 2024
Tax ID 2756430199
MLS # CAR4098650

Map View

This information is believed to be accurate, but without any warranty.