WOODRIDGE APARTMENTS – 54 UNITS

PRICE:
$ 2,150,000
STATUS:
Sold
ADDRESS:
1200 Springview Trail, Garner, NC 27529, USA
OVERVIEW:

SOLD FOR $2,150,000 ON 8/31/06

This is a well managed property just 15 minutes South of Downtown Raleigh in Garner.  It offers positive cash flow in a stable sub-market.

  • Less than $42,000 per unit
  • New vinyl siding
  • Well maintained

 

UNIT INFORMATION
Unit Type Size Rent
12 Units 3 BD / 2 BA 1,000 SF $590 AVG
42 Units 2 BD / 1 BA 850 SF $475 AVG
TOTAL 54 UNITS 47,000 SF $27,525
PROPERTY INFORMATION
PIN 1701828929
Tax Value $2,149,620
Taxes $26,102
Lot Size 3.90 ACRES
Year Built 1970
Exterior VINYL
Floors CARPET, VINYL
Foundation CRAWL
HVAC CENTRAL A/C, ELECTRIC HEAT
Utilities OWNER PAYS WATER AND COMMON ARE ELECTRIC
Legal Description WILEY LAND
Appliances REFRIGERATOR, RANGE, DISHWASHER, W/D CONNECTIONS
Sold Date 2006-08-31
Zoning MF-2

Location Map

WOODRIDGE APARTMENTS – 54 UNITS
Address: 1200 Springview Trail, Garner, NC 27529, USA Price: $ 2,150,000 Unit: 54