FOXGATE APARTMENTS – 19 UNITS IN DOWNTOWN DURHAM
PRICE:
STATUS:
Sold
ADDRESS:
1 Hayti Ln, Durham, NC 27701, USA
OVERVIEW:
SOLD 5/23/18 FOR $2,800,000
Price included $65,000 in seller credits.
The Foxgate Apartments are 19, towhome-style units within walking distance of the heart of Durham, N.C. Growing at an unprecedented rate, Durham has more than $200 million in development underway in the Downtown area.
Built in 1986, the property benefited from renovations completed in 2017. Offering 2 Bd/1.5 Ba units with numerous dining, shopping and entertainment options nearby, the property is attractive to a wide-range of prospective tenants.
This offering represents a great opportunity to acquire a stabilized, well-maintained and well-located asset in a thriving market.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 19 UNITS | 2 BD/1.5 BA | 980 SF | $1,023 AVG |
PROPERTY INFORMATION
| PIN | SEE TAX PARCEL LIST |
| Tax Value | $1,005,365 |
| Taxes | $13,537.28 |
| Lot Size | 1.971 ACRES TOTAL |
| Year Built | 1986 |
| Exterior | BRICK, MASONITE |
| Floors | CARPET, VINYL, LVT |
| Foundation | CRAWL |
| HVAC | CENTRAL AIR, HEAT PUMP |
| Utilities | PAID BY TENANT, WATER & ELECTRICITY INDIVIDUALLY METERED |
| Legal Description | SEE TAX PARCEL LIST |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS |
| Sold Date | 2018-05-23 |
| Zoning | CG |
Agent Information Thomas T Furlow
Location Map
FOXGATE APARTMENTS – 19 UNITS IN DOWNTOWN DURHAM
Address:
1 Hayti Ln, Durham, NC 27701, USA
Unit:
19