COBBLESTONE APARTMENTS – 134 UNITS IN FAYETTEVILLE, NC
PRICE:
$
16,001,000
STATUS:
Sold
ADDRESS:
226 Tallstone Dr, Fayetteville, NC 28311, USA
OVERVIEW:
SOLD 4/14/2022 FOR $16,001,000
$119,410 per unit
Deaton Investment Real Estate represented the buyer and was the sole broker in this off-market transaction. This deal represented a rare asset trade by the original developer. Cobblestone Apartments features 134-units located in Fayetteville, NC. Built in 1986, the property offers an attractive mix of one- and two-bedroom garden-style floorplans in addition to three-bedroom townhomes. Amenities include a clubhouse, pool, hot tub, fitness center, sauna, tennis courts, playground, laundry facilities, and spacious grounds.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 32 UNITS | 1BD/1BA | 800 SF | $690-$885 |
| 72 UNITS | 2BD/2BA | 1,040 SF | $780-$1,050 |
| 30 UNITS | 3BD/2.5BA TOWNHOME | 1,500 SF | $1,010-$1,370 |
PROPERTY INFORMATION
| PIN | 0530-54-7598 |
| Tax Value | $6,621,900 |
| Taxes | $94,481.37 |
| Lot Size | 12.5 ACRES |
| Year Built | 1986 |
| Exterior | WOOD |
| Floors | CARPET, VIYNL |
| Foundation | SLAB |
| HVAC | CENTRAL AIR, HEAT PUMPS |
| Utilities | TENANT PAYS UTILITIES |
| Legal Description | FAYETTEVILLE AIRPORT PROP LO83 SE01 BL00000 PL0012-0072 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTONS |
| Sold Date | 2022-04-12 |
| Zoning | SF6 |
Agent Information Michael Deaton
Location Map
COBBLESTONE APARTMENTS – 134 UNITS IN FAYETTEVILLE, NC
Address:
226 Tallstone Dr, Fayetteville, NC 28311, USA
Price: $
16,001,000
Unit:
134