COURT APARTMENTS – 18 UNITS IN DURHAM
PRICE:
$
1,400,000
STATUS:
Sold
ADDRESS:
414 Raynor St, Durham, NC 27703, USA
OVERVIEW:
SOLD 1/6/20 FOR $1,400,000
Deaton Investment Real Estate represented the buyer in this transaction. The seller was represented by Marcus and Millichap.
The Court Apartments offer a great value-add opportunity in the emerging East Durham submarket. 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 |
|---|---|---|---|
| 18 UNITS | 2 BD/1 BA | 765 SF AVG | $560 AVG |
PROPERTY INFORMATION
| PIN | 0831-12-75-7242 |
| Tax Value | $791,354 |
| Taxes | $10,735 |
| Lot Size | .91 ACRES |
| Year Built | 1971 |
| Exterior | BRICK, HARDBOARD |
| Floors | CARPET, VINYL |
| Foundation | SLAB |
| HVAC | WINDOW A/C, BASEBOARD HEAT |
| Utilities | OWNER PAYS WATER |
| Legal Description | PROP-WARD SALLIE D |
| Appliances | RANGE, REFRIGERATOR, W/D CONNECTIONS |
| Sold Date | 2020-01-06 |
| Zoning | RU-M |
Agent Information Thomas T Furlow
Location Map
COURT APARTMENTS – 18 UNITS IN DURHAM
Address:
414 Raynor St, Durham, NC 27703, USA
Price: $
1,400,000
Unit: