A two-unit Charlotte duplex with one vacant side and deferred maintenance, acquired as-is with funding requirements and due-diligence conditions stated in the offer on a 16-day timeline.
This acquisition profile examines asset strategy, underwriting method, transaction structure, and value-creation considerations. Counterparty and pricing details are not disclosed.
The asset was a side-by-side duplex in the Charlotte metro, one unit tenant-occupied and one vacant following a lengthy turnover. Ownership had deferred roof and HVAC work and had no interest in preparing the property for a retail listing.
The owner contacted AceStone through the firm's duplex acquisition desk. The property was never listed and no agent was engaged on either side of the transaction.
Applied exampleSee how this played out in New-Construction Duplex Acquisition: Growth-Corridor Delivery, Charlotte — a residential acquisition in Charlotte, NC.
Underwriting reflected the occupied lease, market rent on the vacant side, a scoped capital budget for roof and mechanicals, and Mecklenburg County carrying costs. Condition was priced in rather than renegotiated after inspection.
As-is acquisition with the tenant lease assumed at closing, no repair credits, and funding requirements and due-diligence conditions stated in the offer.
Applied exampleSee how this played out in Occupied Multifamily Acquisition: Five-Unit Property, Charlotte — a residential acquisition in Charlotte, NC.
Sixteen business days from contract to funded closing, including a single access visit scheduled around the occupied tenant.
The owner exited without listing prep, showings, or commission drag. Duplex owners in the same market can review current criteria on the Charlotte duplex desk.
Applied exampleSee how this played out in Selling an Inherited Property in Florida — a residential acquisition in Florida.
What This Case Shows
A structured example of how AceStone Capital Group sources, underwrites, and structures off-market residential acquisitions in Charlotte, NC. For broader context, see our active acquisition markets or initiate a direct-sale review for a similar property.
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Additional residential acquisitions structured through the same underwriting and closing framework.
