HOLDING 501 – 28 UNITS IN CLAYTON N.C.
PRICE:
$
3,750,000
STATUS:
Off Market
ADDRESS:
501 Holding St, Clayton, NC 27520, USA
OVERVIEW:
501 Holding is conveniently located in Clayton, N.C., a rapidly-growing suburban market of the Raleigh MSA. Within 30 minutes of downtown Raleigh, N.C., the property is situated conveniently at the intersection of US-70 Business and NC-42. These 28 units provide a mixture of one-, two-, and three-bedroom floorplans.
Current ownership started pushing rents in the last 30 days, proving significant upside. Based on new rents, the Gross Potential Rent is above $36,000 per month. This represents tremendous upside to the investor seeking a value-add opportunity in a growing market.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 3 UNITS | 1BD/1BA | 660 SF | $900 |
| 22 UNITS | 2BD/1BA | 784 SF | $1,200 |
| 2 UNITS | 2BD/1BA | 910 SF | $1,200 |
| 1 UNIT | 3BD/2BA | 1,008 SF | $1,350 |
PROPERTY INFORMATION
| PIN | 166805-08-3742, 166805-08-5538 |
| Tax Value | $1,569,910 |
| Taxes | $20,565.82 |
| Lot Size | 1.88 ACRES |
| Year Built | 1992, 1993, 1997 |
| Exterior | MASONITE & VINYL |
| Floors | CARPET, VINYL, LVP |
| Foundation | CRAWL SPACE |
| HVAC | CENTRAL AIR/PTAC UNITS |
| Utilities | OWNER PAYS DUMPSTER AND COMMON AREA ELECTRIC |
| Legal Description | LOTS 75-78 HEAVNER HOLDING 10/213, LOTS 75-78 HEAVNER HOLDING 10/213 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER/DRYER CONNECTION |
| Zoning | R-10 |
Agent Information Michael Deaton
Location Map
HOLDING 501 – 28 UNITS IN CLAYTON N.C.
Address:
501 Holding St, Clayton, NC 27520, USA
Price: $
3,750,000
Unit: