STUDENT HOUSING + RETAIL AT NC STATE

PRICE:
$ 6,200,000
STATUS:
Sold
ADDRESS:
105 Friendly Dr, Raleigh, NC 27607, USA
OVERVIEW:

SOLD 10/18/19 FOR $6,200,000
Deaton Investment Real Estate represented the buyer and the seller was represented by CityPlat.

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 premier Japanese 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.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
49 BEDS STUDENT 1,350 SF $780 AVERAGE
GROUND FLOOR RETAIL RESTAURANT 1,350 SF $8,705 NNN
PROPERTY INFORMATION
PIN 0794621216
Tax Value $3,994,920
Taxes $52,289.51
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
Sold Date 2019-10-18
Zoning NX-5

Location Map

STUDENT HOUSING + RETAIL AT NC STATE
Address: 105 Friendly Dr, Raleigh, NC 27607, USA Price: $ 6,200,000 Unit: