CEDAR POINT APARTMENTS – 168 UNITS IN NORTH RALEIGH
PRICE:
$
4,500,000
STATUS:
Sold
ADDRESS:
7101 Sandy Forks Rd, Raleigh, NC 27615, USA
OVERVIEW:
SOLD – 10/2007
Deaton served as the exclusive representative of the buyer. Seller was represented by Sperry Van Ness of Raleigh.
Located on Sandy Forks Road in a high-visibility district of North Raleigh, this property is within walking distance of bus lines, newly-renovated shopping centers, countless dining options, neighborhood parks and entertainment.
It is 94% leased and offers on-site laundry facilities in each building, swimming pool, playground and spacious one, two and three bedroom floorplans with central heat and AC, dishwashers and washer/dryer hookups.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 14 | 1 BD / 1 BA | 685 SF | $540 MKT |
| 70 | 2 BD / 2 BA | 1,040 SF | $660 MKT |
| 84 | 3 BD / 2 BA | 1,230 SF | $750 MKT |
| TOTAL | 29,166 SF |
PROPERTY INFORMATION
| PIN | 1717028829 |
| Tax Value | $6,787,526 |
| Taxes | $3,360 |
| Lot Size | 0 ACRES (LAND LEASE) |
| Year Built | 1971 |
| Exterior | BRICK, VINYL |
| Floors | CARPET, VINYL |
| Foundation | SLAB |
| HVAC | CENTRAL A/C, ELECTRIC HEAT |
| Utilities | PAID BY TENANTS, OWNER PAYS WATER, SEWER, TRASH, AREA LIGHTING |
| Legal Description | BLDGS AND IMPROVEMENTS ONLY |
| Appliances | DISHWASHER, REFRIGERATOR, RANGE, W/D CONNECTIONS |
| Sold Date | 2007-10-01 |
Agent Information Steve Deaton
Location Map
CEDAR POINT APARTMENTS – 168 UNITS IN NORTH RALEIGH
Address:
7101 Sandy Forks Rd, Raleigh, NC 27615, USA
Price: $
4,500,000
Unit:
168