2006 House Ave | Durham, NC 27707
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- LoopNet Team
2006 House Ave
Durham, NC 27707
Duke Pointe · Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- FULLY-RENOVATED 18-unit multifamily by Downtown Durham and Duke University in Durham, North Carolina
- 100% occupied with rising rents in one of North Carolina's most premier investment markets with outstanding future appreciatation potential
- Ideal "turnkey" investment opportunity situated within the Raleigh-Durham market, one of the nation's top ranking real estate and economic regions
- All units and building exteriors have been completely renovated with a beautiful modern rustic vibe
- Upside opportunities include driving rents up now that all units have been remodeled, and sub-metering water for tenant reimbursement
PROPERTY FACTS
| No. Units | 18 | Building Size | 9,850 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1971/2019 |
| Building Class | C | Parking Ratio | 3.05/1,000 SF |
| Lot Size | 0.64 AC | ||
| Zoning | RM-16 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 9,850 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1971/2019 |
| Parking Ratio | 3.05/1,000 SF |
| Zoning | RM-16 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 18 | - | - |
PROPERTY TAXES
| Parcel Number | 108326 | Improvements Assessment | $1,428,259 |
| Land Assessment | $1,260,000 | Total Assessment | $2,688,259 |
PROPERTY TAXES
Parcel Number
108326
Land Assessment
$1,260,000
Improvements Assessment
$1,428,259
Total Assessment
$2,688,259
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