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.
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 |
Agent Information Michael Deaton
Location Map
STUDENT HOUSING + RETAIL AT NC STATE
Address:
105 Friendly Dr, Raleigh, NC 27607, USA
Price: $
6,200,000
Unit: