SHAMMAH WINDS – 32 UNITS IN RALEIGH, NC
PRICE:
$
3,500,000
STATUS:
Sold
ADDRESS:
1409 Sawyer Rd, Raleigh, NC 27610, USA
OVERVIEW:
SOLD 11/27/2023 FOR $3,500,000
$109,375 per unit
Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction. Conveniently located just south of downtown Raleigh, N.C., Shammah Winds was originally built in 1972. The property was renovated in 1996 utilizing LIHTC resources. The tax credit restrictions are set to expire in 2026. The property features 32, identical, two-bedroom floorplans, an onsite office and laundry facility.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 32 UNITS | 2BD/1BA | 800 SF | $848 AVG |
PROPERTY INFORMATION
| PIN | 1703928873 |
| Tax Value | $961,740 |
| Taxes | $11,817 |
| Lot Size | 1.71 ACRES |
| Year Built | 1972 |
| Exterior | VINYL |
| Floors | CARPET, VINYL, LVP |
| Foundation | SLAB |
| HVAC | CENTRAL HEAT & AIR |
| Utilities | TENANTS PAY UTILITIES |
| Legal Description | 1405 SAWYER ROAD |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, COMMON AREA LAUNDRY |
| Sold Date | 2023-11-27 |
| Zoning | RX-3 |
Agent Information Thomas T Furlow
Location Map
SHAMMAH WINDS – 32 UNITS IN RALEIGH, NC
Address:
1409 Sawyer Rd, Raleigh, NC 27610, USA
Price: $
3,500,000
Unit:
32