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

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