1000 Campus Trace Dr | Elon, NC 27244
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- LoopNet Team
1000 Campus Trace Dr
Elon, NC 27244
The Phoenix Apartments · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Top tier private university
- Recent capital infusion renovating all units
- High barrier to entry market
- Strong cash flow with income upside
- Central location allows easy access to major NC markets (Greensboro, Charlotte, RDU)
- Excellent proximity to Elon's campus-walk to campus
PROPERTY FACTS
| No. Units | 24 | Lot Size | 2.33 AC |
| Property Type | Multifamily | Building Size | 30,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 2006/2020 |
| Building Class | B | Parking Ratio | 2.96/1,000 SF |
| Zoning | B 4 - Business | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.33 AC |
| Building Size | 30,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2006/2020 |
| Parking Ratio | 2.96/1,000 SF |
| Zoning | B 4 - Business |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Storage Space
- High Speed Internet Access
- Refrigerator
- Range
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Grill
- Online Services
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3 | 24 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 116316 | Improvements Assessment | $3,015,446 |
| Land Assessment | $82,975 | Total Assessment | $3,098,421 |
PROPERTY TAXES
Parcel Number
116316
Land Assessment
$82,975
Improvements Assessment
$3,015,446
Total Assessment
$3,098,421
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