CAMPUS TRACE – 72 STUDENT BEDS AT ELON UNIVERSITY

PRICE:
$ 3,200,000
STATUS:
Sold
ADDRESS:
1000 E Haggard Ave, Elon, NC 27244, USA
OVERVIEW:

SOLD 7/31/20 FOR $3,200,000

Campus Trace consists of 24 units, each with three bedrooms and three bathrooms. This purpose-built, student property is on just one mile from the campus of Elon University and is rented by-the-bed with all utilities included. All utilities are provided by the landlord and the property is on the university bus-line. Built in 2006 the property is in excellent condition and offers a great opportunity for the student-housing operator to acquire a stabilized asset.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
24 UNITS / 72 BEDS 3 BD/3 BA 1,200 SF $490 PER BED
PROPERTY INFORMATION
PIN 8855799988
Tax Value $1,726,550
Taxes $11,510
Lot Size 2.33 ACRES
Year Built 2006
Exterior BRICK, VINYL
Floors CARPET, VINYL
Foundation SLAB
HVAC CENTRAL AIR, HEAT PUMPS
Utilities PAID BY OWNER
Legal Description CAMPUS TRACE LO1
Appliances RANGE, REFRIGERATOR, DISHWASHER, MICROWAVE, WASHER/DRYER
Zoning RES

Location Map

CAMPUS TRACE – 72 STUDENT BEDS AT ELON UNIVERSITY
Address: 1000 E Haggard Ave, Elon, NC 27244, USA Price: $ 3,200,000 Unit: