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.
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 |
Agent Information Thomas T Furlow
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: