431 W Franklin St | Chapel Hill, NC 27516
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This Multifamily Property is no longer advertised on LoopNet.com.
431 W Franklin St
Chapel Hill, NC 27516
The Courtyard of Chapel Hill · Multifamily Property For Sale
·
20 Units

INVESTMENT HIGHLIGHTS
- Premier Location
- Rare Opportunity on Franklin Street
- Prime Accessibility Along Main Corridor
- Exceptional Demographics With Projected Growth
- Proximity To Prestigious UNC Chapel Hill
- Dedicated Parking
PROPERTY FACTS
| No. Units | 20 | Lot Size | 1.05 AC |
| Property Type | Multifamily | Building Size | 58,940 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1982/2013 |
| Zoning | R-3/TC-2 - Residential | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.05 AC |
| Building Size | 58,940 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1982/2013 |
| Zoning | R-3/TC-2 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 540 |
| 2+1 | 6 | - | 750 |
| 3+2 | 8 | - | 1,100 |
| 4+2 | 4 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 9788153958 | Improvements Assessment | $8,737,600 |
| Land Assessment | $4,447,100 | Total Assessment | $13,184,700 |
PROPERTY TAXES
Parcel Number
9788153958
Land Assessment
$4,447,100
Improvements Assessment
$8,737,600
Total Assessment
$13,184,700
Listing ID: 30075541
Date on Market: 11/16/2023
Last Updated:
Address: 431 W Franklin St, Chapel Hill, NC 27516
The Downtown Chapel Hill Multifamily Property at 431 W Franklin St, Chapel Hill, NC 27516 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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