CAMBRIDGE TOWNHOMES – 51 UNITS, SMITHFIELD, NC
PRICE:
$
6,200,000
STATUS:
Sold
ADDRESS:
100 Cambridge Pl, Smithfield, NC 27577, USA
OVERVIEW:
SOLD 10/17/2022 FOR $6,200,000
$121,568 per unit
Deaton Investment Real Estate represented the buyer and was the sole broker in this off-market transaction. Located in Smithfield, N.C., Cambridge Townhomes is a 51-unit, townhome-style property situated across 8.48 acres. Built in 1999, Cambridge features a mix of two- and three-bedroom floorplans. This asset offers the opportunity to increase income through operational and strategic value-add improvements.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 49 UNITS | 2BD/2.5BA | 1,085 SF AVG | $850 AVG |
| 2 UNITS | 3BD/2BA | 1,085 SF AVG | $900 AVG |
PROPERTY INFORMATION
| PIN | 15004016G |
| Tax Value | $4,645,100 |
| Taxes | $60,377.32 |
| Lot Size | 8.48 ACRES |
| Year Built | 1999/2001 |
| Exterior | BRICK & VINYL |
| Floors | CARPET, VINYL, LVP |
| Foundation | CRAWL SPACE |
| HVAC | CENTRAL AIR/HEAT PUMP |
| Utilities | TENANT PAYS UTILITIES |
| Legal Description | SELMA RD M4 L16 FAIRFIELD260413-182 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, MICROWAVE, WASHER/DRYER CONNECTION |
| Sold Date | 2022-10-17 |
| Zoning | R-6/O&I |
Agent Information Michael Deaton
Location Map
CAMBRIDGE TOWNHOMES – 51 UNITS, SMITHFIELD, NC
Address:
100 Cambridge Pl, Smithfield, NC 27577, USA
Price: $
6,200,000
Unit:
51