Imperial Lofts Belmont - Belmont, NC

Seven (7) First-Floor Commercial Retail Spaces and Nine (9) Two-Story Residential Loft Units
Annual Rent Bumps of 3% will Full PRS Reimbursement & WALT of 5.5 Years from Retail Leases
Average Unit Size: 1,120 SF & Commercial: 552 SF
Residential Unit Mix: (2) One Bed/One Bath & (7) Two Bed/1.5 Bath Units
Current Avg Rent: $2,388 | Market Stabilized Rent: $2,436 (Retail + Residential Rent)
Current Year-1 Tax-Adjusted Cap Rate: 6.00% | Stabilized Cap Rate: 6.46%
Luxury Living with Private Patios, Balconies, and stunning views of downtown Belmont
Elegant Fixtures & Finishes – Wood-Style Flooring throughout, Modern Soft-Close Custom Cabinetry, Stainless Steel Appliances, Tile throughout the Bathroom areas, Recessed Lighting, and Fully-Equipped Kitchens with Tile Backsplashes.
In-unit Washer/Dryer

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