Atherton Lofts Condos #115 · Atherton Lofts Condos #115 Investment Summary | 02 OFFERING SUMMARY...
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OFFERING MEMORANDUM 2108 South Blvd, Unit 115 Charlotte, NC 28203 Atherton Lofts Condos #115
Transcript of Atherton Lofts Condos #115 · Atherton Lofts Condos #115 Investment Summary | 02 OFFERING SUMMARY...
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2108 South Blvd, Unit 115Charlotte, NC 28203
Atherton Lofts Condos #115
Atherton Lofts Condos #115 Investment Summary | 02
OFFERING SUMMARYADDRESS 2108 South Blvd, Unit 115
Charlotte NC 28203
COUNTY Mecklenburg
SUBMARKET South End
TOTAL BUILDING SF 48,000 SF
CONDO (SF) 1,240
YEAR BUILT 1893
YEAR RENOVATED 2006
APN 12103124
FINANCIAL SUMMARYOFFERING PRICE $520,000
PRICE PSF $419.35
NOI (CURRENT) $23,212
CAP RATE (CURRENT) 4.46 %
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2019 Population 19,524 112,744 243,935
2019 Median HH Income $71,290 $68,709 $58,557
2019 Average HH Income $104,206 $110,398 $97,625
Creative office Condo
24-Hour Access
Near restaurants, amenities, and more
Fitness Center
Mail Room
Close to Light Rail Stations
Located in the heart of South End in Atherton Mills Lofts, thisnewly upfit creative office condo has exposed beams, highceilings, spiral duct work, large windows, exposed brick, privatebathroom and lots of character. This space fits many users andwill make you want to go to the office every day!
Atherton Lofts Condos #115 Location Summary | 03
Atherton Lofts Condos #115 Property Features | 04
PROPERTY FEATURESNUMBER OF TENANTS 1
TOTAL BUILDING SF 48,000
CONDO (SF) 1,240
YEAR BUILT 1893
YEAR RENOVATED 2006
# OF PARCELS 1
ZONING TYPE UMUD
BUILDING CLASS B
Atherton Lofts Condos #115 Aerial Map | 05
Atherton Lofts Condos #115 Property Images | 06
Atherton Lofts Condos #115 Demographics | 07
POPULATION 1 MILE 3 MILE 5 MILE
2000 Population 10,354 77,815 186,761
2010 Population 11,152 84,283 194,139
2019 Population 19,524 112,744 243,935
2024 Population 24,817 131,280 276,219
2019 African American 7,533 43,951 97,070
2019 American Indian 76 366 1,016
2019 Asian 703 4,182 12,592
2019 Hispanic 878 7,523 28,050
2019 Other Race 301 3,263 14,731
2019 White 10,517 58,480 112,321
2019 Multiracial 388 2,476 6,051
2019-2024: Population: Growth Rate 24.55 % 15.45 % 12.60 %
2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
less than $15,000 1,360 6,264 13,381
$15,000-$24,999 577 4,108 9,824
$25,000-$34,999 608 4,112 9,726
$35,000-$49,999 1,001 5,229 13,225
$50,000-$74,999 1,872 8,213 16,832
$75,000-$99,999 1,210 5,458 10,675
$100,000-$149,999 1,789 8,049 14,525
$150,000-$199,999 771 3,923 6,695
$200,000 or greater 1,242 7,334 11,861
Median HH Income $71,290 $68,709 $58,557
Average HH Income $104,206 $110,398 $97,625
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 Total Housing 5,218 36,547 84,359
2010 Total Households 5,914 37,696 82,736
2019 Total Households 10,430 52,690 106,744
2024 Total Households 13,335 62,606 122,364
2019 Average Household Size 1.87 2.02 2.21
2000 Owner Occupied Housing 1,993 16,192 36,925
2000 Renter Occupied Housing 2,914 17,282 40,801
2019 Owner Occupied Housing 2,882 18,892 40,646
2019 Renter Occupied Housing 7,549 33,798 66,097
2019 Vacant Housing 1,487 7,430 14,422
2019 Total Housing 11,917 60,120 121,166
2024 Owner Occupied Housing 3,229 20,700 44,510
2024 Renter Occupied Housing 10,105 41,906 77,855
2024 Vacant Housing 1,581 7,796 15,197
2024 Total Housing 14,916 70,402 137,561
2019-2024: Households: Growth Rate 25.20 % 17.55 % 13.85 %
Source: esri
Atherton Lofts Condos #115 Demographics | 08
2019 POPULATION BY AGE 1 MILE 3 MILE 5 MILE
2019 Population Age 30-34 2,253 11,034 21,841
2019 Population Age 35-39 1,766 9,329 19,584
2019 Population Age 40-44 1,261 7,111 15,996
2019 Population Age 45-49 1,120 6,589 15,118
2019 Population Age 50-54 1,016 6,362 14,074
2019 Population Age 55-59 1,057 6,395 14,185
2019 Population Age 60-64 868 5,491 12,223
2019 Population Age 65-69 759 4,605 10,063
2019 Population Age 70-74 538 3,508 7,649
2019 Population Age 75-79 322 2,320 5,103
2019 Population Age 80-84 196 1,515 3,464
2019 Population Age 85+ 205 1,637 4,144
2019 Population Age 18+ 16,161 91,979 192,133
2019 Median Age 34 34 35
2019 INCOME BY AGE 1 MILE 3 MILE 5 MILE
Median Household Income 25-34 $76,438 $74,586 $63,667
Average Household Income 25-34 $96,640 $100,219 $88,373
Median Household Income 35-44 $89,053 $91,230 $76,619
Average Household Income 35-44 $127,693 $134,723 $117,047
Median Household Income 45-54 $100,588 $98,404 $73,095
Average Household Income 45-54 $143,502 $149,642 $126,401
Median Household Income 55-64 $69,180 $66,634 $58,575
Average Household Income 55-64 $112,899 $119,897 $105,713
Median Household Income 65-74 $55,414 $49,295 $44,978
Average Household Income 65-74 $83,128 $89,008 $80,551
Average Household Income 75+ $49,404 $60,508 $58,372
2024 POPULATION BY AGE 1 MILE 3 MILE 5 MILE
2024 Population Age 30-34 2,807 12,326 23,732
2024 Population Age 35-39 2,049 10,256 20,670
2024 Population Age 40-44 1,773 9,087 19,343
2024 Population Age 45-49 1,358 7,335 16,372
2024 Population Age 50-54 1,224 7,073 15,768
2024 Population Age 55-59 1,111 6,710 14,646
2024 Population Age 60-64 1,115 6,590 14,181
2024 Population Age 65-69 932 5,759 12,279
2024 Population Age 70-74 755 4,511 9,681
2024 Population Age 75-79 491 3,254 7,181
2024 Population Age 80-84 275 2,023 4,487
2024 Population Age 85+ 255 1,945 4,637
2024 Population Age 18+ 20,574 107,687 218,972
2024 Median Age 33 35 35
2024 INCOME BY AGE 1 MILE 3 MILE 5 MILE
Median Household Income 25-34 $88,595 $86,591 $75,396
Average Household Income 25-34 $109,913 $114,348 $102,560
Median Household Income 35-44 $99,747 $104,010 $89,032
Average Household Income 35-44 $137,303 $146,319 $130,533
Median Household Income 45-54 $109,162 $109,670 $90,742
Average Household Income 45-54 $153,543 $160,588 $140,142
Median Household Income 55-64 $81,406 $80,438 $70,157
Average Household Income 55-64 $126,587 $135,129 $121,690
Median Household Income 65-74 $63,993 $57,861 $53,184
Average Household Income 65-74 $95,209 $99,656 $92,748
Average Household Income 75+ $62,654 $70,208 $68,606
Atherton Lofts Condos #115 Demographic Charts | 09
1 Mile Radius 3 Mile Radius 5 Mile Radius
2019 Household Income
1 Mile Radius 3 Mile Radius 5 Mile Radius
2019 Population by Race
Atherton Lofts Condos #115 Demographic Charts | 10
2019 Household Occupancy - 1 Mile Radius
Average Income Median Income
2019 Household Income Average and Median
Atherton Lofts Condos #115
Exclusively Marketed by:
Clifford Blanquicet Jr.President(704) [email protected]
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