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Pinewood Apartments 109 W Poplar Ave 11 Unit Apartment Building $2,912,029 CAD ($264,730 CAD/Unit) Carrboro, NC 27510
INVESTMENT HIGHLIGHTS
- PRICE REDUCED ON RARE OPPORTUNITY in Chapel Hill market for tastefully renovated 11-unit multifamily
- NICELY UPDATED UNITS with strong rents and a continuously rising rental market
- EXCELLENT STUDENT HOUSING POTENTIAL if desired, situated one mile from the highly renowned and rapidly expanding UNC Chapel Hill
- WALK TO DOWNTOWN CARRBORO and only one mile from Chapel Hill and the University of North Carolina (UNC)
- ALL SINGLE-STORY BUILDINGS with lots of recent capital improvements and easy ground floor access to every apartment
EXECUTIVE SUMMARY
PRICE REDUCED ON RARE OPPORTUNITY in Chapel Hill market for tastefully renovated 11-unit multifamily!
PROPERTY FACTS
| Price | $2,912,029 CAD | Apartment Style | Garden |
| Price Per Unit | $264,730 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.78 AC |
| No. Units | 11 | Building Size | 11,000 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1962/2024 |
| Price | $2,912,029 CAD |
| Price Per Unit | $264,730 CAD |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.78 AC |
| Building Size | 11,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1962/2024 |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 11 | - | 900 |
1 1
Walk Score®
Very Walkable (73)
Bike Score®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 9778660962 | Improvements Assessment | $1,347,505 CAD |
| Land Assessment | $554,919 CAD | Total Assessment | $1,902,424 CAD |
PROPERTY TAXES
Parcel Number
9778660962
Land Assessment
$554,919 CAD
Improvements Assessment
$1,347,505 CAD
Total Assessment
$1,902,424 CAD
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Pinewood Apartments | 109 W Poplar Ave
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