Income Summary

Data last updated on: 4/2/2026     Ownership current as of: 3/30/2026     Tax Year: 2026
REID 202396

PIN # 0747-14-2754

Location Address Property Description
4407 HOPSON RD PROP-TMC SOUTH/PH:01B/GR PT DBA/SOUTHERN OAKS APT PL:000173-000321
   
Property Owner Owner's Mailing Address
HOPSON FEE OWNER LLC
300 S TRYON ST STE 410
CHARLOTTE NC 28202
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Notes
Sales
Photos
Map
Income Modeling
Income Model Type AprtGdn Md 1 Cl B SD
Income Location Excellent
Economic Year Built 2017
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
1 BEDROOMUNITS 135 $13,908.00 $1,877,580.00
2 BEDROOMUNITS 121 $16,932.00 $2,048,772.00
3 BEDROOMUNITS 31 $20,556.00 $637,236.00


Total Units 287
Total Sqft 0
Total Potential Gross Income $4,563,588.00
Total Potential Gross Income Override $5,759,736.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $460,778.88
     Deductions Total (% of PGI) 8.000%
Misc Income $480,000.00
     Misc Income (% of PGI) 8.334%
Total Effective Gross Income $5,778,957.12
 
Total Expenses $0.00
Total Expenses Override $1,589,213.21
NET Income $4,189,743.91
     Percentage of PGI 72.742%
     Percentage of EGI 72.500%
 
Final Value

Income Method Overall Rate
Rate Used 0.061515


Total Value $68,109,305.21
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $68,109,305.00
Final Value Override $0.00
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