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.

Unit Information

UnitTypeSize
42 UNITS2 BD/1.5 BA (TWO-STORY)1090 SF
1 UNIT2 BD/1 BA900 SF
3 UNITS1 BD/1 BA815 SF

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 Owner Financing NONE
Utilities OWNER PAYS WATER Appliances RANGE, REFRIGERATOR, DISHWASHER, COMMON LAUNDRY
Legal Description LO16-35 INC COLLEGE TERRACE Zoning R-10
Sold Date 12/21/2018