CASUAL AT CREECH – GARNER, NC (2019)
PRICE:
$
825,000
STATUS:
Sold
ADDRESS:
1400 Creech Rd, Garner, NC 27529, USA
OVERVIEW:
SOLD 7/10/19 FOR $765,000
These twelve units are four miles from Downtown Raleigh and just over three miles from the new Amazon Distribution Center in Garner. The property features ten, two-bedroom apartments and two, one-bedroom apartments. Eleven units are in the front building and there is detached building in the rear which is a one-bedroom (unit #12). Built in 1960, the property could achieve higher rents through strategic renovations and capital improvements. Situated on 1.6 acres and surrounded by multiple new developments, this property could also offer redevelopment opportunities.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 1 | 1 BD/1 BA | 650 SF | $500 |
| 2 | 2 BD/1 BA | 765 SF | $500 |
| 3 | 2 BD/1 BA | 765 SF | $500 |
| 4 | 2 BD/1 BA | 765 SF | $750 |
| 5 | 2 BD/1 BA | 765 SF | $525 |
| 6 | 2 BD/1 BA | 765 SF | $535 |
| 7 | 2 BD/1 BA | 765 SF | $760 |
| 8 | 2 BD/1 BA | 765 SF | $550 |
| 9 | 2 BD/1 BA | 765 SF | $750 |
| 10 | 2 BD/1 BA | 765 SF | $550 |
| 11 | 2 BD/1 BA | 765 SF | $550 |
| 12 | 1 BD/1 BA | 480 SF | $600 |
| TOTAL | 8,780 SF | $7,070 |
PROPERTY INFORMATION
| PIN | 1711896669 |
| Tax Value | $564,046 |
| Taxes | $4,472.60 |
| Lot Size | 1.64 ACRES |
| Year Built | 1960 |
| Exterior | BRICK, BLOCK |
| Floors | TILE, CARPET |
| Foundation | SLAB |
| HVAC | WINDOW A/C, HEAT IS BASEBOARD, WALL OR RADIANT |
| Utilities | OWNER PAYS WATER AND DUMPSTER (APPROX. $800/MO) |
| Legal Description | C L KELLEY SB LTS144-158 INC PT L159-160 |
| Appliances | RANGE, REFRIGERATOR |
| Sold Date | 2019-07-10 |
| Zoning | MF-1 |
Agent Information Thomas T Furlow
Location Map
CASUAL AT CREECH – GARNER, NC (2019)
Address:
1400 Creech Rd, Garner, NC 27529, USA
Price: $
825,000
Unit: