24 UNITS IN DURHAM

PRICE:
$ 2,165,000
STATUS:
Sold
ADDRESS:
2916 Chapel Hill Rd, Durham, NC 27707, USA
OVERVIEW:

SOLD 9/17/20 FOR $2,165,000
Deaton represented the buyer in this off-market transaction. The seller was represented by MYND Management.

The Birchwood Apartments are locatedĀ  approximately two miles south of Duke University and three miles southwest of Downtown Durham. The property features 24, spacious one-bedroom apartments. Built in 1990 the property consists of two, three-story buildings around a central courtyard. The property is well-maintained, but presents an opportunity to raise rents with strategic improvements.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
24 UNITS 1 BD/1 BA 725 SF APPROX. $775 CURRENT AVG
PROPERTY INFORMATION
PIN 0810-08-88-0324 & 0810-08-78-9297
Tax Value $1,515,988
Taxes $18,857.36
Lot Size 1.054 ACRES
Year Built 1990
Exterior WOOD
Floors CARPET, VINYL
Foundation SLAB
HVAC CENTRAL AIR, HEAT PUMPS
Utilities PAID BY TENANTS
Legal Description PROP-COLE JOHN W & COLE M ARY A EST/LT#01 N 80FT & S79.5
Appliances RANGE, REFRIGERATOR, DISHWASHER, WASHER & DRYER
Sold Date 2020-09-17
Zoning RU-M

Location Map

24 UNITS IN DURHAM
Address: 2916 Chapel Hill Rd, Durham, NC 27707, USA Price: $ 2,165,000 Unit: