CAMBRIDGE TOWNHOMES – 51 UNITS IN SMITHFIELD

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.

Link To Tax Records
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

Location Map

CAMBRIDGE TOWNHOMES – 51 UNITS IN SMITHFIELD
Address: 100 Cambridge Pl, Smithfield, NC 27577, USA Price: $ 6,200,000 Unit: 51