756 E Haggard Ave - Apartments FOR SALE


Elon, NC 27244
$9,500,000 USD
919-672-4905
756 E Haggard Ave, Elon, NC for Sale
$9,500,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

756 E Haggard Ave
Elon, NC 27244


HIGHLIGHTS

  • Four-building Student Housing property in Elon
  • Built in 2010: Two-story building with six (6) four-bedroom apartments (24 beds), clubhouse, and fitness center
  • Sale Includes: Apartment furniture, clubhouse furniture, fitness equipment, and miscellaneous personal property

OVERVIEW

Buildings: Four residential buildings Total Beds: 168 Unit Configuration: Four-bedroom / four-bathroom apartments Average Unit Size: 1,345 SF Built in 2010: Two-story building with six (6) four-bedroom apartments (24 beds), clubhouse, and fitness center Buildings 2020, 2030 & 2040: Three separate three-story buildings with twelve (12) four-bedroom apartments each (144 beds total) Lease Structure: 100% master leased during the academic year (August–May) Summer Leasing: Individually leased June–July (not included in the master) Sale Includes: Apartment furniture, clubhouse furniture, fitness equipment, and miscellaneous personal property Transit: Served by the Elon Express Shuttle

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$120 USD /SF

# OF UNITS

42

PRICE/UNIT

$226,190

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Crest at Elon

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2004

PARKING SPACES

170

LAND DETAILS

LAND ACRES

5.25 AC

LAND SF

228,690 SF

ZONING

I 2

APN/PARCEL ID

115870

ASK ABOUT THIS PROPERTY

Kharmika Alston, CCIMTradeMark PropertiesMore Info
919-672-4905

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Kharmika Alston, CCIMTradeMark PropertiesMore Info
919-672-4905

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