SOLD 10/14/16 FOR $1,600,000
Deaton Investment Real Estate, Inc represented a buyer in the acquisition of Holiday Apartments in Hillsborough, NC. The mostly stabilized asset has 35 units. (15 x 2 BD/ 1 BA and 20 x 3 BD/ 1 BA units).
Apartment Core of Raleigh, NC represented the seller in the transaction.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 15 UNITS | 2 BD / 1 BA | 773 SF | $675 MKT |
| 20 UNITS | 3 BD / 1 BA | 921 SF | $825 MKT |
| PIN | 9865503599 |
| Tax Value | $1,000,243 |
| Taxes | $21,128.78 |
| Lot Size | 5.9 ACRES |
| Year Built | 1994 |
| Utilities | PAID BY TENANT (RECENTLY SUB-METERED) |
| Sold Date | 2016-10-14 |
Agent Information Steve Deaton