TRIANGLE PARK APARTMENTS – 120 UNITS IN DURHAM, NC
PRICE:
$
11,500,000
STATUS:
Sold
ADDRESS:
5011 S Alston Ave, Durham, NC 27713, USA
OVERVIEW:
SOLD 3/8/18 FOR $11,500,000
Triangle Park Apartments are a wonderfully maintained multi-family asset, conveniently located next to Research Triangle Park in Durham, NC. Built in 1986, the property offers great amenities and an attractive mix of one-, two- and three-bedroom apartments.
Deaton sourced this opportunity and represented the buyer in this off-market transaction.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 48 UNITS | 1 BD/1 BA | 670 SF AVG | $775 AVG |
| 64 UNITS | 2 BD/1 BA | 830 SF AVG | $875 AVG |
| 8 UNITS | 3 BD/2 BA | 1,010 SF AVG | $975 AVG |
PROPERTY INFORMATION
| PIN | 0737-01-39-9625 |
| Tax Value | $5,403,578 |
| Taxes | $72,759.17 |
| Lot Size | 11.507 ACRES |
| Year Built | 1986 |
| Exterior | BRICK, HARDBOARD |
| Floors | CARPET, VINYL, LVT, TILE |
| Foundation | SLAB |
| HVAC | CENTRAL AIR |
| Utilities | INDIVIDUALLY METERED |
| Legal Description | PROP-FLORIDA RIDGE LTD/CA RVERS CURVE |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS |
| Sold Date | 2018-03-08 |
| Zoning | RU-M |
Agent Information Michael Deaton
Location Map
TRIANGLE PARK APARTMENTS – 120 UNITS IN DURHAM, NC
Address:
5011 S Alston Ave, Durham, NC 27713, USA
Price: $
11,500,000
Unit:
120