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11 Units at UNC - McCauley Trail Apartments

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Address

515 S. Merritt Mill Road
Chapel Hill, NC 27516

Overview

Located within walking distance to the UNC campus, McCauley Trail Apartments are perfectly positioned for the student rental market. These 11 townhome-style units have been completely renovated with condo-quality finishes that include stainless steel appliances, tile backsplashes, new flooring, and open floor plans. Another 16 unit property (also renovated) located one mile away is for sale by the same owner.

  • 100 percent leased, room to raise rents
  • Completely renovated in 2009 & 2010
  • Within walking distance to the UNC campus
  • A+ property in an A+ location
  • Seven 3BD units and four 2BD units

Link to Tax Records


Unit Information

UnitSizeTypeLeaseRent
11 UNITS 11,650 SF SEE RENT ROLL $17,322

Property Information

PIN
9788141426
Tax Value
$947,645
Taxes
$16,044.52
Lot Size
1.047 ACRES
Year Built
1985
Exterior
MASONITE
Floors
HARDWOOD (LAMINATE), CARPET, VINYL
Foundation
CRAWL
HVAC
CENTRAL AIR, GAS PACK
Owner Financing
NONE
Utilities
OWNER PAYS WATER, COMMON AREA LIGHTS
Appliances
RANGE, REFRIGERATOR, DISHWASHER, MICROWAVES, W/D CONNECTIONS
Legal Description
E/S MERRITT MILL RD
Zoning
R-3

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