SOLD 7/11/17 FOR $4,000,000 ($50,000/UNIT)
Underwood Square Apartments are located one mile east of Duke University at 811 Underwood Ave in Durham, North Carolina in the 27701 zip code.
Maplewood Apartments is located one block away at 1407 W Chapel Hill Road in Durham, North Carolina in the 27701 zip code.
These apartments were built between 1983 and 1984 with 3 stories and a total of 80 units. They were sold together for a total of $4,000,000.
Deaton Investment Real Estate represented the buyer in this off-market transaction.
| Unit | Type | Size | Rent |
|---|---|---|---|
| Maplewood 12 Units | 1 BD / 1 BA | 616 SF | $672 |
| Maplewood 24 Units | 1 BD / 1 BA | 539 SF | $672 |
| Underwood 16 Units | 1 BD / 1 BA | 616 SF | $672 |
| Underwood 28 Units | 1 BD / 1 BA | 539 SF | $672 |
| PIN | 0821-06-37-4412 / 0821-10-26-8972 |
| Tax Value | $2,670,961 |
| Year Built | 1983 / 1984 |
| Sold Date | 2017-07-11 |
Agent Information Steve Deaton