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Updated over 2 years ago on .

Suburb Charlotte Area CAP rate
Hi fellow investors and agents,
Can you give me an idea of the CAP rate near Mooresville, NC (north of Charlotte)? I am thinking around 5.5 CAP, but want a 2nd opinion.
5-20 units
class C building
mixture of 2 beds/1 bath, 1 bed/1 bath
Thanks,
Sam