OAK SQUARE – 24 UNITS IN WAKE FOREST, N.C.

PRICE:
$ 3,100,000
STATUS:
Sold
ADDRESS:
343 W Oak Ave, Wake Forest, NC 27587, USA
OVERVIEW:

SOLD 8/31/21 FOR $3,018,600
$125,775 per unit / sold on assumption of seller’s existing debt

Deaton Investment Real Estate was the exclusive listing firm and the sole broker in this transaction. Oak Square apartments offer a great value-add opportunity in the affluent town of Wake Forest, N.C., a rapidly growing suburb of the Raleigh MSA. All units are two-bedroom floorplans with proven income-upside.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
24 UNITS 2 BD/1 BA 800 SF AVG $995 MKT
PROPERTY INFORMATION
PIN 1841560011
Tax Value $1,790,583
Taxes $20,086.89
Lot Size 1.36 ACRES
Year Built 1985
Exterior VINYL
Floors CARPET, VINYL
Foundation CRAWL
HVAC CENTRAL AIR, HEAT PUMPS
Utilities OWNER PAYS DUMPSTER
Legal Description OAK SQUARE APARTMENTS BM1986-164
Appliances RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS
Sold Date 2021-08-31
Zoning GR3

Location Map

OAK SQUARE – 24 UNITS IN WAKE FOREST, N.C.
Address: 343 W Oak Ave, Wake Forest, NC 27587, USA Price: $ 3,100,000 Unit: