COLONY SQUARE APARTMENTS – 108 UNITS IN ROCKY MOUNT, NC
PRICE:
$
12,900,000
STATUS:
Sold
ADDRESS:
1100 Colony Square, Rocky Mount, NC 27804, USA
OVERVIEW:
SOLD 4/8/2022 FOR $12,900,000
$119,444 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. Colony Square features 108-units located in Rocky Mount, NC. Built in 1988, 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, movie theater, and spacious grounds.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 16 UNITS | 1BD/1BA | 801 SF | $750-$795 |
| 68 UNITS | 2BD/2BA | 1,012 SF | $850-$895 |
| 24 UNITS | 3BD/2.5BA | 1,541 SF | $975-$1,125 |
PROPERTY INFORMATION
| PIN | 385110473319 |
| Tax Value | $4,668,240 |
| Taxes | $63,254.65 |
| Lot Size | 8.91 ACRES |
| Year Built | 1988 |
| Exterior | WOOD |
| Floors | CARPET, TILE, VINYL, LVP |
| Foundation | SLAB |
| HVAC | CENTRAL AIR, HEAT PUMPS |
| Utilities | TENANT PAYS UTILITIES |
| Legal Description | 187 8, 8 91 AC, 1 BLK A DAWSON DAUGHRIDGE HINES AC 19H 1 A DAWSON DAUGHT |
| Appliances | RANGE, REFRIGERATOR, MICROWAVE, DISHWASHER, W/D CONNECTONS |
| Sold Date | 2022-04-07 |
| Zoning | RESIDENTIAL 6K SQFT |
Agent Information Michael Deaton
Location Map
COLONY SQUARE APARTMENTS – 108 UNITS IN ROCKY MOUNT, NC
Address:
1100 Colony Square, Rocky Mount, NC 27804, USA
Price: $
12,900,000
Unit:
108