LUPTON FLATS – 20 UNITS IN RALEIGH, NC
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 NC State University in Raleigh, NC, 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.
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 |
Agent Information Thomas T Furlow
Location Map
LUPTON FLATS – 20 UNITS IN RALEIGH, NC
Address:
3801 Lupton Cir, Raleigh, NC 27606, USA
Price: $
3,500,000
Unit:
20