SOLD 11/29/2023 FOR $4,100,000
$128,125 per unit
Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction. Ivey Ridge is conveniently located in Graham, N.C., a rapidly-growing suburban market along the I-85/I-40 corridor, which links the Triangle (Raleigh, Durham, Chapel Hill) and Triad (Greensboro, Winston-Salem, High Point) regions. Built in 1969, the property features brick exteriors and 32 identical, townhome-style units.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 32 UNITS | 2 BD/1.5 BA | 860 SF | $1,050 AVG |
| PIN | 8883273865 |
| Tax Value | $3,343,398 |
| Taxes | $24,136 |
| Lot Size | 2.18 ACRES |
| Year Built | 1969 |
| Exterior | BRICK, WOOD |
| Floors | CARPET, VINYL, LVP |
| Foundation | SLAB |
| HVAC | CENTRAL HEAT & AIR |
| Utilities | TENANTS PAY UTILITIES |
| Legal Description | ARLINGTON HILLS SEC 1 LOT 2 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER AND DRYER CONNECTIONS |
| Sold Date | 2023-11-29 |
| Zoning | R |
Agent Information Thomas T Furlow