SOLD 3/06 FOR $1,500,000
48 units in South Raleigh, located between Garner Road and S. State Street. Great opportunity to raise rents with strong management.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 40 | 2 BD / 1 BA | 750 SF | $510 AVG |
| 8 | 3 BD / 1 BA | 825 SF | $615 AVG |
| TOTAL | 36,600 SF | $24,920 |
| PIN | 1703916698 |
| Tax Value | $1,565,380 |
| Taxes | $16,598.15 |
| Lot Size | 5.99 ACRES |
| Year Built | 1990 |
| Exterior | VINYL, BRICK |
| Floors | CARPET, VINYL |
| Foundation | SLAB |
| HVAC | HEAT PUMP |
| Utilities | OWNER PAYS WATER (APRX. $1200) AND COMMON AREA ELECTRIC (APRX. $380) |
| Legal Description | HOLLEMAN LAND |
| Appliances | RANGE, REFRIGERATOR, W/D CONNECTIONS |
| Sold Date | 2006-03-01 |
| Zoning | R-20 |
Agent Information Steve Deaton