TRIANGLE PARK APARTMENTS – 120 UNITS IN DURHAM

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.

Link To Tax Records
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

Location Map

TRIANGLE PARK APARTMENTS – 120 UNITS IN DURHAM
Address: 5011 S Alston Ave, Durham, NC 27713, USA Price: $ 11,500,000 Unit: 120