700 Method Townes Ct | Raleigh, NC 27607
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- LoopNet Team
700 Method Townes Ct
Raleigh, NC 27607
Method Townhomes · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Irreplaceable Pedestrian Location
- Below-Market Rents
- Partial Property Condemnation
- Substantial Value-Add Opportunity
- Boutique and Efficient
- Strong University Market Fundamentals
PROPERTY FACTS
| No. Units | 24 | Building Size | 28,192 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2001 |
| Building Class | B | Parking Ratio | 2.77/1,000 SF |
| Lot Size | 0.69 AC | ||
| Zoning | O&I-2 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.69 AC |
| Building Size | 28,192 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2001 |
| Parking Ratio | 2.77/1,000 SF |
| Zoning | O&I-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer
- Kitchen
- High Speed Internet Access
- Refrigerator
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Fitness Center
- Basketball Court
- Gameroom
- Volleyball Court
- Roommate Matching
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 7 | $1,180 | 918 |
| 3+3 | 17 | $1,615 | 1,303 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $994,657 | |
| Land Assessment | $320,000 | Total Assessment | $1,314,657 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$320,000
Improvements Assessment
$994,657
Total Assessment
$1,314,657
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