502-506 Raynor St - Apartments FOR SALE


Durham, NC 27703- East Durham
$1,250,000 USD
919-847-1117
502-506 Raynor St, Durham, NC for Sale
$1,250,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

502-506 Raynor St
Durham, NC 27703
East Durham


OVERVIEW

DEATON is pleased to present for sale, as the exclusive broker for the seller, a 10-unit multifamily property at 504 Raynor Street, Durham, NC. - 504/506 Raynor = single-story duplex, built in 1961 - 502 Raynor = two-story, eight-unit building, built in 1988 - All ten units are two-bedroom floorplans - Average in-pace rent is $1,078

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

10

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Units in Durham

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

R

APN/PARCEL ID

114075

ASK ABOUT THIS PROPERTY

Thomas FurlowDeaton Investment Real EstateMore Info
919-847-1117

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Thomas FurlowDeaton Investment Real EstateMore Info
919-847-1117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.