$1,900,000 USD
919-971-4777
2404-2410 1/2 Van Dyke Ave
Raleigh, NC 27607
University
HIGHLIGHTS
- Located close to Oberlin Village in desirable ITB neighborhood.
- Large shared indoor common areas.
- Brick exterior and private entrances for all units.
- Fully leased for 3 years. Single tenant occupying all units.
- Existing master lease in place through April 2028 with two additional extensions through April 2034.
- Currently producing an annual revenue of $210,000. Rent roll available upon request.
FOR SALE DETAILS
PRICE
$1,900,000 USD
PRICE/SF
$183 USD /SF
# OF UNITS
6
PRICE/UNIT
$316,667
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1950
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.62 AC
LAND SF
26,858 SF
ZONING
R-10
APN/PARCEL ID
0794.16-94-5719-000
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919-971-4777
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919-971-4777
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