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111 Purefoy Rd
Chapel Hill, NC 27514
111 Purefoy Road Apartments · Multifamily Property For Sale · 28 Units

Property Facts

No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.30 AC
Building Size 50,000 SF
No. Stories 2
Year Built 2021
Parking Ratio 0.6/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Dining Room
  • Pantry

About 111 PUREFOY RD , CHAPEL HILL, NC 27514

Multi family construction development poised to fulfill the strong demand for student housing near the UNC Medical School. Excellent location, and steady rent growth makes this a strong investment for a contractor/developer, or a long term buy and hold investor. Seller has procured all relevant documents for this exciting project. Planning commission and Board of Adjustment cleared, final plans have been submitted and Zoning permit projected to arrive between 1 Aug 2019 and 1 Sep 2019. Buyer to hire their own builder.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+4 7 $3,300 1,440

Property Taxes

Property Taxes

Parcel Number
9788510715
Land Assessment
$799,100
Improvements Assessment
$1,380,200
Total Assessment
$2,179,300
  • Listing ID: 16141248

  • Date on Market: 5/23/2019

  • Last Updated:

  • Address: 111 Purefoy Rd, Chapel Hill, NC 27514

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