AVEN – 144 UNITS IN DURHAM, NC
PRICE:
$
26,350,000
STATUS:
Sold
ADDRESS:
3207 Stones Throw Ln, Durham, NC 27713, USA
OVERVIEW:
SOLD 12/20/21 FOR $26,350,000
$182,986 per unit
Deaton Investment Real Estate and Cushman Wakefield co-listed this property on behalf of the seller and were the only brokers in this transaction. Aven is a 144-unit, garden-style apartment community located within the Research Triangle Park of Durham, NC. Built in 1979, the property offers a mix of one- and two-bedroom floor plans with amenities that include a community pool, playground area, tennis court and picnic areas. This offering is a great opportunity for a buyer to continue a proven-value add strategy for an asset in a thriving submarket.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 48 UNITS | 1BD/1BA | 700-745 SF | $900-$1,100 |
| 96 UNITS | 2BD/1.5BA | 885-945 SF | $1,050-$1,200 |
PROPERTY INFORMATION
| PIN | 0737-01-49-5370 |
| Tax Value | $10,073,127 |
| Taxes | $128,321.56 |
| Lot Size | 15.94 ACERS |
| Year Built | 1979 |
| Exterior | VINYL, WOOD |
| Floors | CARPET, TILE, LVT |
| Foundation | SLAB |
| HVAC | CENTRAL AIR, HEAT PUMPS |
| Utilities | PAID BY TENANTS |
| Legal Description | PROP-WARD ROBERT E JR |
| Appliances | RANGE, REFRIGERATOR, MICROWAVE, WASHER & DRYER CONNECTION |
| Sold Date | 2021-12-20 |
| Zoning | RS-M |
Agent Information Michael Deaton
Location Map
AVEN – 144 UNITS IN DURHAM, NC
Address:
3207 Stones Throw Ln, Durham, NC 27713, USA
Price: $
26,350,000
Unit:
144