SOLD 3/11/2022 FOR $1,550,000
$193,750 per-unit
Deaton Investment Real Estate represented the seller and was the sole-broker in this transaction. Located less than a mile west of the University of North Carolina at Greensboro (UNCG), Granite Place Apartments feature 24 student bedrooms in eight, three-bedroom and three-bathroom floorplans. Built in 2006, the building features a two-story design with a brick exterior. The current owner renovated the interior of all eight units with new flooring, fixtures, stainless appliances, granite counters and more. The property is leased on a by-the-bedroom model.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 8 UNITS | 3 BD/3 BA | 1,330 SF | $595 PER BED |
| PIN | 7854-73-3478 |
| Tax Value | $827,400 (REAPPRAISAL IN 2022) |
| Taxes | $11,525.69 |
| Lot Size | .6 ACRES |
| Year Built | 2006 |
| Exterior | BRICK, VINYL |
| Floors | LVP, CARPET |
| Foundation | SLAB |
| HVAC | CENTRAL A/C, HEAT PUMP |
| Utilities | PAID BY OWNER |
| Legal Description | .60 AC 23 & 24&ADDITIONAL TRACT FIELDS |
| Appliances | RANGE, REFRIGERATOR, MICROWAVE, DISHWASHER, WASHER & DRYER |
| Sold Date | 2022-03-11 |
| Zoning | APART |
Agent Information Thomas T Furlow