HAWK RIDGE APARTMENTS – 168 UNITS IN WINSTON-SALEM, NC
PRICE:
$
26,000,000
STATUS:
Sold
ADDRESS:
400 Hawk Ridge Dr, Winston-Salem, NC 27103, USA
OVERVIEW:
SOLD 5/25/2022 FOR $26,000,000
$154,762 per unit
Deaton Investment Real Estate represented the buyer in this transaction. Conveniently located within the Winston-Salem MSA, 10 miles southwest of the city, Hawk Ridge Apartments stands to benefit from a nearly 9% population growth rate over the last 10 years. Built in 1998, the property features one-, two, and three-bedroom floorplans. Amenities include a clubhouse, fitness center, business center, laundry facilities, pet play area, and picnic areas. Hawk Ridge Apartments presents the opportunity to increase income through organic upside and strategic value-add improvements.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 57 UNITS | 1BD/1BA | 320 SF - 544 SF | $900 - $1,180 |
| 6 UNITS | 2BD/1BA | 864 SF | $1,200 |
| 81 UNITS | 2BD/2BA | 864 SF | $1,250 |
| 1 UNIT | 3BD/1BA | 1,080 SF | $1,485 |
| 23 UNITS | 3BD/2BA | 1,050 SF | $1,750 |
PROPERTY INFORMATION
| PIN | 5893-50-6742 |
| Tax Value | $14,562,600 |
| Taxes | $134,174.70 |
| Lot Size | 14.01 ACRES |
| Year Built | 1998 |
| Exterior | VINYL |
| Floors | CARPET, VINYL, LVP |
| Foundation | SLAB |
| HVAC | CENTRAL AIR |
| Utilities | TENANT PAYS UTILITIES |
| Legal Description | HAWK RIDGE APTS LO007A BL4227 BU1 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS |
| Sold Date | 2022-05-25 |
| Zoning | RM12 |
Agent Information Michael Deaton
Location Map
HAWK RIDGE APARTMENTS – 168 UNITS IN WINSTON-SALEM, NC
Address:
400 Hawk Ridge Dr, Winston-Salem, NC 27103, USA
Price: $
26,000,000
Unit:
168