ARLINGTON WEST & PECAN GROVE – 168 UNITS – GREENVILLE, NC

PRICE:
$ 8,900,000
STATUS:
Sold
ADDRESS:
1600 W Arlington Blvd, Greenville, NC 27834, USA
OVERVIEW:

SOLD 3/19/21 FOR $8,750,000 ($52,083 per unit)
Deaton Investment Real Estate served as the exclusive seller’s agent and was the sole broker in this transaction. 

Arlington West and Pecan Grove apartments are located in Greenville, NC. Built in 1986, Pecan Grove features 94 units with a mix of 26, two-bedroom and 68, one-bedroom units. Arlington West was constructed in 1996 with 74 units and a mix of 16, two-bedroom and 58, one-bedroom units. This represents a total of 168 units and a mix of 25% two-bedroom and 75% one-bedroom units.

Centrally located on W. Arlington Boulevard, Arlington West and Pecan Grove are within minutes of the largest economic drivers in the market; Vidant Medical Center, Downtown Greenville, and East Carolina University. The property also benefits from walkability to multiple retail, dining, entertainment and recreation options. This presents an opportunity to increase income and add value through strategic improvements.

 

 

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
PG - 68 UNITS 1 BD/ 1 BA 1,531 SF $475 AVG
PG - 26 UNITS 2 BD/1 BA 1,531 SF $525 AVG
AW - 58 UNITS 1 BD/1 BA 3,062 SF $500 AVG
AW - 16 UNITS 2 BD/1 BA 1,350 SF $595 AVG
PROPERTY INFORMATION
PIN 4677555051
Tax Value $7,142,856
Taxes $103,750.30
Lot Size 8.14 ACRES
Year Built 1986 & 1996
Exterior BRICK, VINYL
Floors CARPET, VINYL
Foundation SLAB
HVAC CENTRAL AIR, HEAT PUMPS, PECAN GROVE 1-BEDS HAVE WINDOW A/C AND BASEBOARD HEAT
Utilities OWNER PAYS WATER
Legal Description LINDBETH GROVE
Appliances RANGE, REFRIGERATOR, WASHER/DRYER CONNECTIONS, ARLINGTON WEST ALSO HAS DISHWASHERS
Sold Date 2021-03-19
Zoning R6

Location Map

ARLINGTON WEST & PECAN GROVE – 168 UNITS – GREENVILLE, NC
Address: 1600 W Arlington Blvd, Greenville, NC 27834, USA Price: $ 8,900,000 Unit: