COLLEGE ARMS – 48 UNITS IN FAYETTEVILLE, NC

PRICE:
$ 4,500,000
STATUS:
Sold
ADDRESS:
4708 Republican Rd, Fayetteville, NC 28311, USA
OVERVIEW:

SOLD 6/30/2023 FOR $4,500,000
$93,750 per unit

Deaton Investment Real Estate represented the buyer in this transaction. Located in Fayetteville, N.C., College Arms Apartments is a 48-unit garden-style apartment community situated on a 2.12 acre site. Built in 1980, the property features 48 identical two-bedroom, one-bathroom floorplans. This offering represents a great value-add opportunity at an attractive basis.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
48 UNITS 2BD/1BA 850 SF $875
PROPERTY INFORMATION
PIN 0530-61-5218
Tax Value TBD (ASSESSMENT UNDER REVIEW)
Taxes TBD (ASSESSMENT UNDER REVIEW)
Lot Size 2.12 ACRES
Year Built 1980
Exterior VINYL
Floors CARPET, VINYL
Foundation SLAB
HVAC CENTRAL AIR
Utilities OWNER PAYS WATER, SEWER AND TRASH
Legal Description TREADSTONE DEVELOPMENT INC RECOMB LO1 PL0148-0190
Appliances RANGE, REFRIGERATOR
Sold Date 2023-06-30
Zoning LC

Location Map

COLLEGE ARMS – 48 UNITS IN FAYETTEVILLE, NC
Address: 4708 Republican Rd, Fayetteville, NC 28311, USA Price: $ 4,500,000 Unit: 48