Duke Pointe

2006 House Avenue, Durham NC 27707

$ 2,700,000

Duke Pointe

2006 House Avenue, Durham NC 27707
ASSET TYPEGarden Apartments
PRICE$ 2,700,000
PER UNIT$ 150,000
TOTAL UNITS18
OCCUPANCY100%
YEAR BUILTBuilt 1971 / Fully Renovated 2019
MARKETRaleigh-Durham
STATUSIn Contract

Financials

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Highlights

➤ FULLY-RENOVATED 18-unit multifamily by Downtown Durham and Duke University in Durham, North Carolina

➤ All units and building exteriors have been completely renovated with a beautiful modern rustic vibe

➤ 100% occupied with rising rents in one of North Carolina's most premier investment markets with outstanding future appreciatation potential

➤ Upside opportunities include driving rents up now that all units have been remodeled, and sub-metering water for tenant reimbursement

➤ Ideal "turnkey" investment opportunity situated within the Raleigh-Durham market, one of the nation's top ranking real estate and economic regions

Photos

Location

Contact

Mike Siciliano

919.861.9730 x2
Mike@ApartmentCore.com