400 W North St - Apartments CONDO FOR SALE


Raleigh, NC 27603- Capital District
$2,071,000 USD
919-201-3273
400 W North St, Raleigh, NC for Sale
$2,071,000 USD
Apartments CONDO - FOR SALE
1/6
null | 6.25% Cap Rate

400 W North St
Raleigh, NC 27603
Capital District


HIGHLIGHTS

  • sits adjacent to the Smoky Hollow project
  • sits along the bustling Glenwood South area
  • Full commercial kitchen added 2024

OVERVIEW

Total GLA: 4,808 Square Feet Pro Forma NOI: $129,432.00 Price: $2,071,000.00 Cap Rate: 6.25% Occupancy: 100% Year Renovated: 2024 Term: 10 years and ten months Lease Expiration: October 31, 2034

FOR SALE DETAILS

PRICE

$2,071,000 USD

PRICE/SF

$431 USD /SF

CAP RATE

6.25%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

309,600 SF

STORIES

17

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

IND-2

APN/PARCEL ID

1704.19-50-2819-000

ASK ABOUT THIS PROPERTY

Joni BarnesPinpoint Properties, LLCMore Info
919-201-3273

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Joni BarnesPinpoint Properties, LLCMore Info
919-201-3273

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.