MAPLEWOOD AND UNDERWOOD SQUARE APARTMENTS – 80 UNITS

PRICE:
$ 4,000,000
STATUS:
Sold
ADDRESS:
1407 W Chapel Hill St, Durham, NC 27701, USA
OVERVIEW:

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 INFORMATION
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
PROPERTY INFORMATION
PIN 0821-06-37-4412 / 0821-10-26-8972
Tax Value $2,670,961
Year Built 1983 / 1984
Sold Date 2017-07-11

Location Map

MAPLEWOOD AND UNDERWOOD SQUARE APARTMENTS – 80 UNITS
Address: 1407 W Chapel Hill St, Durham, NC 27701, USA Price: $ 4,000,000 Unit: 80