CRABTREE NORTH – 51 UNITS IN RALEIGH, NC
PRICE:
$
9,000,000
STATUS:
Sold
ADDRESS:
2251 Charles Dr, Raleigh, NC 27612, USA
OVERVIEW:
SOLD 5/17/2022 FOR $9,000,000
$176,471 per unitÂ
Deaton Investment Real Estate represented the seller in this off-market transaction. Crabtree North is a 51-unit garden-style community located in Raleigh, NC. Built in 1970, this property features two- and three-bedroom floorplans. Situated on 5+ acres, in a high-growth corridor, the buyer intends to redevelop the property.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 30 UNITS | 2 BD/1.5 BA | 951-1,047 SF | $1,300 |
| 21 UNITS | 3 BD/2 BA | 1,137-1,233 SF | $1,400 |
PROPERTY INFORMATION
| PIN | 0796519955 |
| Tax Value | 2,009,464 |
| Taxes | 19,972.08 |
| Lot Size | 5.19 ACRES |
| Year Built | 1970 |
| Exterior | BRICK & SIDING |
| Floors | CARPET, VINYL, LVP |
| Foundation | SLAB |
| HVAC | CENTRAL A/C, HEAT PUMP |
| Utilities | TENANT PAYS UTILITIES |
| Legal Description | LO3 OVERTURE AT CRABTREE NORTH BM2016-00218 |
| Appliances | RANGE, REFRIDGERATOR, DISHWASHER |
| Sold Date | 2022-05-17 |
| Zoning | CX-12 |
Agent Information Michael Deaton
Location Map
CRABTREE NORTH – 51 UNITS IN RALEIGH, NC
Address:
2251 Charles Dr, Raleigh, NC 27612, USA
Price: $
9,000,000
Unit: