BROWN APARTMENTS – 11 UNITS IN GRAHAM, NC
SOLD 9/15/26 for $975,000
$88,636 per unit
DEATON represented the seller in this off-market transaction. Brown Apartment is an attractive multifamily investment opportunity in Graham, North Carolina, within the growing Alamance County market. The property offers investors the opportunity to acquire an established residential asset in a location positioned between the Triangle and Piedmont Triad regions. Its manageable scale and location make it well suited for investors seeking stable rental operations with potential for long-term value appreciation.
Located in 1009 Lorraine Avenue, the property benefits from convenient access to I-40/I-85, providing connectivity to Burlington, Greensboro, Durham, and surrounding employment centers. Residents also enjoy proximity to everyday shopping, dining, schools, healthcare services, and other amenities throughout the Graham-Burlington area.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 11 | 2 BD / 1 BA | 950 SF | $900 |
PROPERTY INFORMATION
| PIN | 143746 |
| Tax Value | $699,054 |
| Taxes | $3,453.33 |
| Lot Size | 0.70 |
| Year Built | 1973 |
| HVAC | AC CENTRAL AIR |
| Legal Description | P S DIXON SUBD BLK E LTS 1-9, PT LT 40 6-8-23 |
| Sold Date | 2026-09-15 |
| Zoning | R 12 |
Agent Information Michael Deaton
Location Map
BROWN APARTMENTS – 11 UNITS IN GRAHAM, NC