PINECREST VILLAGE – 152 UNITS IN ROCKINGHAM, NC

PRICE:
$ 11,500,000
STATUS:
Sold
ADDRESS:
100 Shannon Dr, Rockingham, NC 28379, USA
OVERVIEW:

SOLD 1/06/2023 FOR $11,500,000
$75,658 per unit

Deaton Investment Real Estate represented the seller and was the sole broker in this transaction. Located in Rockingham, N.C., Pinecrest Village is a 152-unit, garden-style apartment community situated on a 15-acre site.  Built in 1977, the property features one-, two-, and three-bedroom floorplans. Amenities include laundry facilities, a pool, a playground, spacious grounds, and on-site management.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
60 UNITS 1BD/1BA 830 SF $755
76 UNITS 2BD/2BA 1,020 SF $845
16 UNITS 3BD/2BA 1,160 SF $1,005
PROPERTY INFORMATION
PIN 747210463110
Tax Value $2,863,861
Taxes $26,878.05
Lot Size 15.359 ACRES
Year Built 1977
Exterior WOOD
Floors CARPET, VINYL, LVP
Foundation SLAB
HVAC CENTRAL A/C, HEAT PUMP
Utilities TENANTS PAY UTILITIES
Legal Description AC & APTS TOWN PARK APTS
Appliances RANGE, REFRIGERATOR, DISHWASHER
Sold Date 2023-01-06
Zoning R-7

Location Map

PINECREST VILLAGE – 152 UNITS IN ROCKINGHAM, NC
Address: 100 Shannon Dr, Rockingham, NC 28379, USA Price: $ 11,500,000 Unit: 152