Mountain Brook Estates
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- Winfred Alfred Shepherd
- 5 years ago
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1 Presented by G Brokerage
2 Property Details Townhouse style apartments in Hudson, NC just 15 miles from Hickory. 38 units in 6 buildings. 30 units have 2 bedrooms, 1.5 baths. The remaining 8 units have 1 bedroom, 1 bath. Property is on city water and septic system. Price: $1,350,000 Professionally Managed 38 Units: 75% are 1 Bdrm, 1.5 Baths Siding Replaced on 5 of the 6 Buildings in the Last 5 Years Easily Accessible to Hickory, Lenoir, and Morganton View the full listing here: Price: $1,350,000 No. Units: 38 Building Size: 19,248 SF Price/Unit: $35, Property Type: Multifamily Property Sub-type: Garden/Low-Rise Property Use Type: Investment Cap Rate: 6.38% No. Stories: 2 Year Built: 1984 Mountain Brook Estates
3 Location Location Description 15 miles from Hickory and 70 miles northwest of Charlotte.
4 Property Photos
5 Property Photos
6 Population 1-mi. 3-mi. 5-mi Male Population 1,397 7,813 18, Female Population 1,421 7,850 18,890 % 2015 Male Population 49.57% 49.88% 49.76% % 2015 Female Population 50.43% 50.12% 50.24% 2015 Total Population: Adult 2,226 12,517 29, Total Daytime Population 2,046 14,564 36, Total Employees 106 4,687 13, Total Population: Median Age Total Population: Adult Median Age Total population: Under 5 years , Total population: 5 to 9 years , Total population: 10 to 14 years , Total population: 15 to 19 years , Total population: 20 to 24 years 222 1,099 2, Total population: 25 to 29 years , Total population: 30 to 34 years , Total population: 35 to 39 years , Total population: 40 to 44 years 228 1,224 2, Total population: 45 to 49 years 206 1,100 2, Total population: 50 to 54 years 226 1,165 2, Total population: 55 to 59 years 243 1,171 2,639
7 Population (Cont.) 1-mi. 3-mi. 5-mi Total population: 60 to 64 years 180 1,059 2, Total population: 65 to 69 years , Total population: 70 to 74 years , Total population: 75 to 79 years , Total population: 80 to 84 years Total population: 85 years and over % 2015 Total population: Under 5 years 4.93% 4.86% 5.08% % 2015 Total population: 5 to 9 years 5.82% 5.75% 5.95% % 2015 Total population: 10 to 14 years 6.71% 6.37% 6.58% % 2015 Total population: 15 to 19 years 5.89% 5.43% 6.04% % 2015 Total population: 20 to 24 years 7.88% 7.02% 6.79% % 2015 Total population: 25 to 29 years 5.00% 5.37% 5.35% % 2015 Total population: 30 to 34 years 5.29% 5.29% 5.59% % 2015 Total population: 35 to 39 years 5.61% 5.88% 6.03% % 2015 Total population: 40 to 44 years 8.09% 7.81% 7.57% % 2015 Total population: 45 to 49 years 7.31% 7.02% 7.25% % 2015 Total population: 50 to 54 years 8.02% 7.44% 7.43% % 2015 Total population: 55 to 59 years 8.62% 7.48% 7.02% % 2015 Total population: 60 to 64 years 6.39% 6.76% 6.39% % 2015 Total population: 65 to 69 years 6.03% 6.10% 5.76% % 2015 Total population: 70 to 74 years 4.19% 4.86% 4.63%
8 Population (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Total population: 75 to 79 years 1.99% 3.39% 3.33% % 2015 Total population: 80 to 84 years 1.45% 1.93% 1.91% % 2015 Total population: 85 years and over 0.78% 1.23% 1.30% 2015 White alone 2,689 14,839 34, Black or African American alone , American Indian and Alaska Native alone Asian alone Native Hawaiian and OPI alone n/a Some Other Race alone , Two or More Races alone Hispanic , Not Hispanic 2,744 15,073 35,579 % 2015 White alone 95.42% 94.74% 90.91% % 2015 Black or African American alone 0.92% 1.56% 3.60% % 2015 American Indian and Alaska Native alone 0.50% 0.42% 0.37% % 2015 Asian alone 0.18% 0.36% 0.70% % 2015 Native Hawaiian and OPI alone 0.00% 0.01% 0.02% % 2015 Some Other Race alone 1.63% 1.80% 2.86% % 2015 Two or More Races alone 1.35% 1.10% 1.55% % 2015 Hispanic 2.63% 3.77% 5.38% % 2015 Not Hispanic 97.37% 96.23% 94.62%
9 Population (Cont.) 1-mi. 3-mi. 5-mi Not Hispanic: White alone 2,728 14,567 32, Not Hispanic: Black or African American alone , Not Hispanic: American Indian and Alaska Native alone Not Hispanic: Asian alone n/a Not Hispanic: Native Hawaiian and OPI alone n/a n/a Not Hispanic: Some Other Race alone Not Hispanic: Two or More Races % 2015 Not Hispanic: White alone 92.51% 95.85% 92.17% % 2015 Not Hispanic: Black or African American alone 0.88% 1.05% 3.63% % 2015 Not Hispanic: American Indian and Alaska Native alone 0.31% 0.20% 0.22% % 2015 Not Hispanic: Asian alone 0.00% 0.34% 0.74% % 2015 Not Hispanic: Native Hawaiian and OPI alone 0.00% 0.00% 0.01% % 2015 Not Hispanic: Some Other Race alone 0.14% 0.03% 0.07% % 2015 Not Hispanic: Two or More Races 0.85% 0.41% 0.53% Population Change 1-mi. 3-mi. 5-mi. Total: Employees (NAICS) n/a n/a n/a Total: Establishements (NAICS) n/a n/a n/a
10 Population Change (Cont.) 1-mi. 3-mi. 5-mi Total Population 2,818 15,663 37, Households 1,132 6,355 15,087 Population Change ,005 Household Change % Population Change % -2.90% -2.60% % Household Change % -1.20% -0.93% Population Change ,186 Household Change ,038 % Population Change 2000 to % 3.07% 6.17% % Household Change 2000 to % 5.25% 7.39% Housing 1-mi. 3-mi. 5-mi Housing Units 1,228 6,347 14, Occupied Housing Units 1,133 6,038 14, Owner Occupied Housing Units 764 4,410 10, Renter Occupied Housing Units 369 1,628 3, Vacant Housings Units % 2015 Occupied Housing Units 92.26% 95.13% 94.24%
11 Housing (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Owner occupied housing units 67.43% 73.04% 74.05% % 2015 Renter occupied housing units 32.57% 26.96% 25.95% % 2000 Vacant housing units 7.74% 4.87% 5.76% Income 1-mi. 3-mi. 5-mi Household Income: Median $36,455 $34,897 $34, Household Income: Average $48,269 $49,200 $47, Per Capita Income $19,390 $20,260 $19, Household income: Less than $10, , Household income: $10,000 to $14, , Household income: $15,000 to $19, , Household income: $20,000 to $24, , Household income: $25,000 to $29, , Household income: $30,000 to $34, , Household income: $35,000 to $39, Household income: $40,000 to $44, Household income: $45,000 to $49, Household income: $50,000 to $59, , Household income: $60,000 to $74, , Household income: $75,000 to $99, , Household income: $100,000 to $124, Household income: $125,000 to $149, Household income: $150,000 to $199,
12 Income (Cont.) 1-mi. 3-mi. 5-mi Household income: $200,000 or more % 2015 Household income: Less than $10, % 8.17% 10.07% % 2015 Household income: $10,000 to $14, % 11.03% 9.76% % 2015 Household income: $15,000 to $19, % 7.60% 8.05% % 2015 Household income: $20,000 to $24, % 8.28% 8.25% % 2015 Household income: $25,000 to $29, % 7.74% 7.40% % 2015 Household income: $30,000 to $34, % 7.33% 7.64% % 2015 Household income: $35,000 to $39, % 5.48% 5.29% % 2015 Household income: $40,000 to $44, % 4.96% 4.68% % 2015 Household income: $45,000 to $49, % 4.56% 4.73% % 2015 Household income: $50,000 to $59, % 7.49% 7.81% % 2015 Household income: $60,000 to $74, % 9.69% 9.95% % 2015 Household income: $75,000 to $99, % 9.22% 8.72% % 2015 Household income: $100,000 to $124, % 3.56% 3.61% % 2015 Household income: $125,000 to $149, % 2.52% 1.86% % 2015 Household income: $150,000 to $199, % 0.65% 0.87% % 2015 Household income: $200,000 or more 1.41% 1.73% 1.32% Retail Sales Volume 1-mi. 3-mi. 5-mi Childrens/Infants clothing stores $284,870 $1,604,536 $3,800, Jewelry stores $101,198 $573,900 $1,350, Mens clothing stores $334,150 $1,888,860 $4,445, Shoe stores $338,744 $1,910,659 $4,504,026
13 Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi Womens clothing stores $580,364 $3,286,059 $7,728, Automobile dealers $4,514,045 $25,617,371 $60,150, Automotive parts and accessories stores $903,711 $5,108,465 $12,019, Other motor vehicle dealers $139,225 $777,883 $1,838, Tire dealers $403,951 $2,284,794 $5,374, Hardware stores $18,544 $105,178 $244, Home centers $188,653 $1,077,524 $2,514, Nursery and garden centers $229,337 $1,316,016 $3,075, Outdoor power equipment stores $104,629 $598,774 $1,404, Paint andwallpaper stores $21,798 $124,500 $291, Appliance, television, and other electronics stores $612,221 $3,473,682 $8,161, Camera andphotographic supplies stores $44,917 $254,656 $594, Computer andsoftware stores $1,704,601 $9,614,063 $22,668, Beer, wine, and liquor stores $287,764 $1,627,754 $3,825, Convenience stores $1,272,692 $7,174,174 $16,943, Restaurant Expenditures $1,191,859 $6,750,775 $15,855, Supermarkets and other grocery (except convenience) stores $4,829,087 $27,256,518 $64,363, Furniture stores $423,460 $2,396,970 $5,627, Home furnishings stores $1,535,723 $8,706,746 $20,461, General merchandise stores $7,897,187 $44,868,873 $105,395, Gasoline stations with convenience stores $4,083,192 $23,022,466 $54,310,354
14 Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi Other gasoline stations $2,961,586 $16,699,359 $39,379, Department stores (excl leased depts) $7,795,989 $44,294,973 $104,044, General merchandise stores $7,897,187 $44,868,873 $105,395, Other health and personal care stores $307,054 $1,742,178 $4,091, Pharmacies and drug stores $1,270,054 $7,201,514 $16,940, Pet and pet supplies stores $345,476 $1,948,677 $4,590, Book, periodical, and music stores $51,437 $292,424 $684, Hobby, toy, and game stores $145,336 $823,581 $1,941, Musical instrument and supplies stores $14,179 $79,969 $186, Sewing, needlework, and piece goods stores $27,594 $157,139 $368, Sporting goods stores $134,869 $765,524 $1,797,486
15 Broker Profile Gordon Allebach Gordon Allebach has over twenty years of real estate experience in the acquisition of commercial properties and development of residential homes throughout the country. He has owned and operated apartment properties, office buildings and retail centers in Illinois, North Carolina and Florida. Currently, Gordon is currently focused on his role as CEO of G Brokerage. He is also involved in acquiring and managing the company portfolio of real estate holdings, and a future 200 acre mixed unit development in Costa Rica. Current Occupation: Founder / President gallebach@gmail.com (704) Work Experience: Gordon Allebach is currently focused on his role as CEO of G Brokerage. He has also successfully managed acquisition and development projects through Allebach Development Group and several partnerships. His primary focus has been in value added deals and new construction projects. He has seen these projects through from conception, execution, management, and sales. These development opportunities have included residential and commercial real estate in Chicagoland, Greater Charlotte, and the country of Costa Rica. Education: BA Michigan State UniversityLicensed Real Agent in North Carolina and South CarolinaBIC / Broker in Charge CertificationContinuing Education in Real Estate G Brokerage W Catawba Ave Cornelius, NC Organizations/Associations: Website: National Association of REALTORS, LoopNet, Inc.
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