CARRIAGE HILL – 71 UNITS IN FAYETTEVILLE, NC

PRICE:
$ 4,400,000
STATUS:
Sold
ADDRESS:
2109 Elvira St, Fayetteville, NC 28303, USA
OVERVIEW:

SOLD 12/16/20 FOR $4,400,000
$61,972 per unit
Deaton was the sole broker in this off-market transaction.

Carriage Hill apartments feature 71 units within minutes of multiple dining, retail, entertainment and employment centers. The property is located with walking distance of Terry Sanford High School and Fayetteville Technical Community College west of downtown. Built in 1963, the property features nine buildings with brick exteriors, spread over seven-and-a-half acres with a playground and swimming pool. The property was well-maintained by the seller, but offers the opportunity to add value and raise income with strategic improvements and renovations.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
18 UNITS 2 BD/1 BA 900 SF $575
53 UNITS 2 BD/2 BA 1,150 SF $675
PROPERTY INFORMATION
PIN 0427594335, 0427593664, 0427597109
Tax Value $2,868,434
Taxes $40,961.60
Lot Size 7.64 ACRES
Year Built 1963
Exterior BRICK, WOOD
Floors CARPET, VINYL
Foundation SLAB
HVAC CENTRAL A/C, HEAT PUMP
Utilities PAID BY TENANTS
Legal Description FAIRFAX PL LOT 19 & 3.8 ACRES CARRIAGE HILL
Appliances RANGE, REFRIGERATOR, WASHER & DRYER CONNECTIONS
Sold Date 2020-12-16
Zoning SF6

Location Map

CARRIAGE HILL – 71 UNITS IN FAYETTEVILLE, NC
Address: 2109 Elvira St, Fayetteville, NC 28303, USA Price: $ 4,400,000 Unit: