MAPLE RIDGE – 95 LIHTC UNITS IN HOLLY SPRINGS, N.C.

PRICE:
$ 10,596,150
STATUS:
Sold
ADDRESS:
200 Guerin Rd, Holly Springs, NC 27540, USA
OVERVIEW:

SOLD 7/1/21 FOR $10,596,150
$111,538 per unit
Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction.

Maple Ridge Apartments are located fifteen miles southwest of downtown Raleigh in the rapidly growing suburb of Holly Springs, N.C. Constructed in 1994, the property operates within affordable rent parameters as a part of Low-Income Housing Tax Credit development program. The asset is well-maintained and features an attractive mix of two- and three-bedroom, town home-style units.

 

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
57 UNITS 2 BD/1.5 BA 895 SF $900
20 UNITS 3 BD/1 BA 1,000 SF $1,000
18 UNITS 3 BD/1.5 BA 1,000 SF $1,000
PROPERTY INFORMATION
PIN 0659225035
Tax Value $8,619,077
Taxes $89,952
Lot Size 9.65 ACRES
Year Built 1994
Exterior VINYL
Floors CARPET, VINYL, LVP
Foundation SLAB
HVAC CENTRAL A/C, HEAT PUMP
Utilities PAID BY TENANTS
Legal Description MAPLE RIDGE APARTMENTS
Appliances RANGE, REFRIGERATOR, DISHWASHER, WASHER/DRYER CONNECTIONS
Sold Date 2021-07-01
Zoning R-MF-8

Location Map

MAPLE RIDGE – 95 LIHTC UNITS IN HOLLY SPRINGS, N.C.
Address: 200 Guerin Rd, Holly Springs, NC 27540, USA Price: $ 10,596,150 Unit: