36 UNITS AT CAMPBELL UNIVERSITY – MEREDITH SQUARE

PRICE:
$ 2,450,000
STATUS:
Sold
ADDRESS:
601 Main St, Lillington, NC 27546, USA
OVERVIEW:

SOLD FOR $2,450,000 WITH $50,000 SELLER CONCESSION ON 12/21/15.

A short walk to Campbell University (Over 4,000 students enrolled at main campus), these 36 units are an ideal asset for the investor who enjoys student apartments. Built in 2000, these seven buildings consist of one 3 BD unit, thirty-three 2 BD units, two 1 BD units and a small office.

  • Appraised March 2015 for $2,450,000.
  • Built in 1996, 1999 & 2000.  Brick and vinyl exterior on slab.
  • Separate utility meters, all electric systems.
  • Clean, simple and easy to manage.
  • Attractive townhome-style floor plans.
UNIT INFORMATION
Unit Type Size Rent
1 UNIT 3 BD / 2 BA 1,200 SF $1,080/MO MKT
2 UNITS 1 BD / 1 BA 600 SF $660/MO MKT
33 UNITS 2 BD / 2.5 BA 1,050 SF $780/MO MKT
PROPERTY INFORMATION
PIN 0670866402
Tax Value $2,456,620
Taxes $20,881
Lot Size 4.263 ACRES
Year Built 1996-2000
Exterior BRICK, VINYL
Floors CARPET, VINYL
Foundation SLAB
HVAC HEAT PUMPS
Utilities INDIVIDUAL METERS, SEE EXPENSES
Legal Description 5.84 AC A C PULLEY
Appliances RANGE, REFRIGERATOR, DISHWASHER, WASHER AND DRYER
Sold Date 2015-12-21

Location Map

36 UNITS AT CAMPBELL UNIVERSITY – MEREDITH SQUARE
Address: 601 Main St, Lillington, NC 27546, USA Price: $ 2,450,000 Unit: 36