128 UNITS IN MINI-CITY AREA

Price:

$6,150,000

Status:

Sold

Address:

3987 Greencastle Ct, Raleigh, NC 27604, USA

Overview:

SOLD FOR $6,150,000 IN 12/30/2005

This is a two-property package located in Raleigh’s “Mini-City” district, just off of Capital Blvd. in amongst the rapid retail and residential growth of North Raleigh. This is in a great location with a very good rental history. One property has 72 units and the other 56.

Unit Information

UnitTypeSizeLeaseRent
3207 GREENCASTLE2 BD / 1.5 BA920 SFVARIES$625 (MKT)
4204 GREENCASTLE2 BD / 2 BA1,093 SFVARIES$650 (MKT)

Property Information

PIN 1726000192 Tax Value $1,243,362
Taxes $12,981 Lot Size 13 ACRES
Year Built 1979 Exterior BRICK, WOOD
Floors CARPET, VINYL Foundation CRAWL
HVAC HEAT PUMPS Owner Financing NO
Utilities PAID BY TENANTS Appliances RANGE, REFRIGERATOR, W/D HOOKUPS, DISHWASHER
Legal Description LO6 GREENCASTLE SUB SEI Zoning R-15
Sold Date 12/30/2005