WESTWOOD PARK APARTMENTS – 72 UNITS IN CARY, NC

PRICE:
$ 12,355,000
STATUS:
Sold
ADDRESS:
600 Glendon Way, Cary, NC 27519, USA
OVERVIEW:

SOLD 8/3/2022 FOR $12,355,000
$171,597 per unit

Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction. Located in Cary, NC., Westwood Park is a 72-unit, garden-style apartment community. Built in 1998, Westwood Park is situated across 10.54 acres and features (48) two-, and  (24) three-bedroom floorplans. The property operates within affordable rent parameters as a part of the Low-Income Housing Tax Credit development program.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
32 UNITS 2BD/1BA 800 SF $958
16 UNITS 2BD/2BA 855 SF $1,008
24 UNITS 3BD/2BA 1,018 SF $1,200 - $1,300
PROPERTY INFORMATION
PIN 0734757973
Tax Value $5,476,183
Taxes $54,257.78
Lot Size 10.54 ACRES
Year Built 1998
Exterior HARDBOARD
Floors CARPET, VINYL, LVT
Foundation CRAWL AND SLAB
HVAC CENTRAL AIR / HEAT PUMPS
Utilities OWNER PAYS WATER
Legal Description PROP OF CAROLINA POWER & LIGHT
Appliances RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS
Sold Date 2022-08-03
Zoning RMF

Location Map

WESTWOOD PARK APARTMENTS – 72 UNITS IN CARY, NC
Address: 600 Glendon Way, Cary, NC 27519, USA Price: $ 12,355,000 Unit: