BLUE RIDGE APARTMENTS – 48 UNITS

PRICE:
$ 6,500,000
STATUS:
Sold
ADDRESS:
601 Blue Ridge Rd, Raleigh, NC 27606, USA
OVERVIEW:

SOLD FOR $6,500,000 ON 9/21/2017.

Built in 2008, this apartment complex features 48 units with 2 BD/2 BA floor plans of approximately 1050 square feet. It is currently operated as a student property with most apartments rented by the bedroom. Deaton represented the seller in this off-market transaction.

UNIT INFORMATION
Unit Type Size Rent
48 2 BD / 2 BA 1,050 SF $990/mo
PROPERTY INFORMATION
PIN 0784717698
Tax Value $4,860,794
Taxes $50,481.77
Lot Size 4.81
Year Built 2008
Exterior BRICK/VINYL
Foundation SLAB
HVAC CENTRAL
Utilities OWNER PAYS WATER
Sold Date 2017-09-21
Zoning R-10

Location Map

BLUE RIDGE APARTMENTS – 48 UNITS
Address: 601 Blue Ridge Rd, Raleigh, NC 27606, USA Price: $ 6,500,000 Unit: 48