1600 Poole Rd | Raleigh, NC 27610
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- LoopNet Team
1600 Poole Rd
Raleigh, NC 27610
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Significant Cap Ex improvements over the last five years (Roof, cosmetic improvement, 6 of 8 HVAC units changed).
- Below market rents. Current average rent per unit is $1,057 and the Raleigh 2BD Fair Market Rents are $1,646
- Five of eight units are recently painted with updated LVP flooring throughout
- All apartments have washer and dryer hookups
- Current occupancy 100%
- Open floorplans in each apartment
PROPERTY FACTS
| No. Units | 8 | Building Size | 7,738 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1984 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.45 AC | ||
| Zoning | RX3 - Residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 7,738 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 1/1,000 SF |
| Zoning | RX3 - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 1713.06-38-9209-000 | Improvements Assessment | $521,845 |
| Land Assessment | $400,000 | Total Assessment | $921,845 |
PROPERTY TAXES
Parcel Number
1713.06-38-9209-000
Land Assessment
$400,000
Improvements Assessment
$521,845
Total Assessment
$921,845
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