This Class-A, student housing development is located adjacent to NC State University along the vibrant Hillsborough Street corridor. The building features a total of 49 bedrooms in 16 units and a ground floor retail space occupied by a restaurant. Built in 2016, the property offers residents top-of-line finishes in well-designed floor plans. The building is within steps of the NC State campus and highly-desirable shopping, dining and entertainment options. There is a parking lease arrangement for 50 spaces with a neighboring property. CURRENT RENTAL WEBSITE
| Unit | Type | Size | Rent |
|---|---|---|---|
| 49 BEDS (16 UNITS) | BEDROOM | 1,350 SF | $850 AVERAGE PER BED |
| GROUND FLOOR RETAIL | RESTAURANT | 1,350 SF | $9,609 (RENT + TICAM) |
| PIN | 0794621216 |
| Tax Value | $8,087,936 |
| Taxes | PENDING 2024 RATE |
| Lot Size | .2 ACRES |
| Year Built | 2016 |
| Exterior | BRICK, HARDBOARD |
| Floors | HARDWOOD, TILE, LVT |
| Foundation | SLAB |
| HVAC | CENTRAL AIR, HEAT PUMPS |
| Utilities | PAID BY OWNER |
| Legal Description | LO100 REC LIBERTY HGTS BM2001-00171 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, MICROWAVE, WASHER & DRYER |
| Zoning | NX-5 |
Agent Information Thomas T Furlow