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.

Link To Tax Records
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

Location Map

COURT APARTMENTS – 18 UNITS IN DURHAM
Address: 414 Raynor St, Durham, NC 27703, USA Price: $ 1,400,000 Unit: