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.
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 |
Agent Information Michael Deaton
Location Map
CAMPUS TRACE – 72 STUDENT BEDS AT ELON UNIVERSITY
Address:
1000 E Haggard Ave, Elon, NC 27244, USA
Price: $
3,200,000
Unit: