BERKSHIRE APARTMENTS

PRICE:
$ 1,240,000
STATUS:
Sold
ADDRESS:
950 Berkshire Rd, Smithfield, NC 27577, USA
OVERVIEW:

SOLD 6/15/16 FOR $1,240,000

Deaton Investment Real Estate, Inc represented a buyer in the acquisition of Berkshire Apartments in Smithfield, NC. The stabilized asset has 24, 2 BD/ 1 BA units and represented a value-add opportunity with immediate cash flow.

Income Properties of Raleigh, NC represented the seller in the transaction.

UNIT INFORMATION
Unit Type Size Rent
24 Units 2 BD / 1 BA Varies $590 AVG
PROPERTY INFORMATION
PIN 15004199X
Tax Value $746,280
Taxes $10,075
Lot Size 2.71
Year Built 1979
Exterior Wood
Floors Carpet, Vinyl
Foundation Crawl, Slab
HVAC Heat Pump
Utilities Paid by tenant
Legal Description SELMA RD 2604-04-9587
Appliances Range, Refrigerator, W/D Connections
Sold Date 2016-06-15
Zoning Res

Location Map

BERKSHIRE APARTMENTS
Address: 950 Berkshire Rd, Smithfield, NC 27577, USA Price: $ 1,240,000 Unit: 24