OAK SQUARE – 24 UNITS IN WAKE FOREST
PRICE:
$
2,220,000
STATUS:
Sold
ADDRESS:
343 W Oak Ave, Wake Forest, NC 27587, USA
OVERVIEW:
SOLD 1/27/20 FOR $2,220,000
Deaton Investment Real Estate represented the buyer in this transaction. The seller was represented by Waldrop Properties.
Oak Square apartments offer a great value-add opportunity in the affluent Wake Forest market. All units are two-bedroom floorplans with under market rents, offering the opportunity to capture income upside through strategic improvements.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 24 UNITS | 2 BD/1 BA | 800 SF AVG | $800 AVG |
PROPERTY INFORMATION
| PIN | 1841560011 |
| Tax Value | $1,790,583 |
| Taxes | $18,142.82 |
| 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 | 2020-01-27 |
| Zoning | GR3 |
Agent Information Thomas T Furlow
Location Map
OAK SQUARE – 24 UNITS IN WAKE FOREST
Address:
343 W Oak Ave, Wake Forest, NC 27587, USA
Price: $
2,220,000
Unit: