MAPLE RIDGE – 95 LIHTC UNITS IN HOLLY SPRINGS, NC
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, NC. 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.
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 |
Agent Information Michael Deaton
Location Map
MAPLE RIDGE – 95 LIHTC UNITS IN HOLLY SPRINGS, NC
Address:
200 Guerin Rd, Holly Springs, NC 27540, USA
Price: $
10,596,150
Unit:
95