- Area 280 sq ft
- Floors 2
- Bedrooms 1
- Bathrooms 1
Description
25 efficiency units are a part of a 96 unit complex on 1.7 acre downtown parcel near NCSU and Glenwood South. Excellent rental history, full or near full for last 18-24 months. NOI after 8% commission, HOA fees, all utilities, all (outsourced) maintenance. Raleigh downtown skyline visible from top of property. Seller can help buyer in acquiring whole building (est. $3.5MM.) Future high-end development possible
Show MoreExterior Property Information
- Sale Status: Expired
- Parking Spaces: 25
- Net Operating Income: 62659 space(s) / 1,000 ft.2
- Price: $875,000.00
- Gross Operating Income: 121315
- Fair market value: 775000
- Occupancy Rate: 96.00 %
- Year Built: 1984
- Number of units: 25
- Neighborhood Name: Pullen Park
- Phone: 919-602-4851
Exterior Features
- On-site laundry
Comments(0)