LUPTON FLATS – 20 UNITS IN RALEIGH, N.C.

PRICE:
$ 3,500,000
STATUS:
Sold
ADDRESS:
3801 Lupton Cir, Raleigh, NC 27606, USA
OVERVIEW:

SOLD 12/15/2023 FOR $3,500,000
$175,000 per unit

Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction. Conveniently located just south of N.C. State University in Raleigh, N.C., Lupton Flats was originally built in 1966 and completely renovated in 2020. The property features all two-bedroom floorplans with a mix of twelve, one-story units and eight, two-story townhomes.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
12 UNITS 2 BD/ 1BA 900 SF $1,225 AVG
8 UNITS 2 BD/1 BA 950 SF $1,380 AVG
PROPERTY INFORMATION
PIN 0793271598
Tax Value $2,233,978 (PENDING 2024 REVALUATION)
Taxes $24,750.36
Lot Size 1.75 ACRES
Year Built 1966
Exterior BRICK
Floors CARPET, VINYL, LVP
Foundation CRAWL
HVAC CENTRAL HEAT & AIR
Utilities TENANTS PAY UTILITIES
Legal Description LO43-50 PT LT 42 COLL VIEW BM1966-00146
Appliances RANGE, REFRIGERATOR, DISHWASHER, WASHER AND DRYER CONNECTIONS
Sold Date 2023-12-15
Zoning R-10

Location Map

LUPTON FLATS – 20 UNITS IN RALEIGH, N.C.
Address: 3801 Lupton Cir, Raleigh, NC 27606, USA Price: $ 3,500,000 Unit: 20