COLONIAL ARMS – 46 UNITS NEAR NCSU

PRICE:
$ 3,600,000
STATUS:
Sold
ADDRESS:
1713 Crest Rd, Raleigh, NC 27606, USA
OVERVIEW:

SOLD 12/21/18 FOR $3,600,000

Colonial Arms Apartments are located within walking distance to NC State University Centennial Campus in Raleigh, NC. The property features a mix of two- and one-bedroom floorplans with brick exteriors. Since construction between 1968 and 1971, the property has been owned by the same family. The property was marketed for sale by the Overton Group who represented the seller in the transaction. Deaton Investment Real Estate represented the buyer.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
42 UNITS 2 BD/1.5 BA (TWO-STORY) 1090 SF $825
1 UNIT 2 BD/1 BA 900 SF $900 MKT
3 UNITS 1 BD/1 BA 815 SF $1,725
PROPERTY INFORMATION
PIN 0793364920
Tax Value $3,606,572
Taxes $40,325.41
Lot Size 3.3 ACRES
Year Built 1968-1971
Exterior BRICK
Floors CARPET, TILE, LVT
Foundation CRAWL
HVAC CENTRAL AIR, HEAT PUMP
Utilities OWNER PAYS WATER
Legal Description LO16-35 INC COLLEGE TERRACE
Appliances RANGE, REFRIGERATOR, DISHWASHER, COMMON LAUNDRY
Sold Date 2018-12-21
Zoning R-10

Location Map

COLONIAL ARMS – 46 UNITS NEAR NCSU
Address: 1713 Crest Rd, Raleigh, NC 27606, USA Price: $ 3,600,000 Unit: