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501 North Street 501 North St 2 Unit Apartment Building For Sale Chapel Hill, NC 27514
INVESTMENT HIGHLIGHTS
- Located two blocks from UNC Chapel Hill Campus and Franklin Street.
EXECUTIVE SUMMARY
501 North Street is a three-story, two- unit, eight-bed/four-bath student housing property that presents a unique investment opportunity in the prestigious college town of Chapel Hill, North Carolina. Located two blocks from UNC Chapel Hill Campus and Franklin Street. Due to the proximity to campus and A+ location, strong
student rental market, and lack of competitive product this property is uniquely positioned for future organic rent growth.
student rental market, and lack of competitive product this property is uniquely positioned for future organic rent growth.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.56 AC |
| No. Units | 2 | Building Size | 3,900 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Single-Family Home | Year Built/Renovated | 1937/2013 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | R - Residential-Improved | ||
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 3,900 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1937/2013 |
| Opportunity Zone |
Yes |
| Zoning | R - Residential-Improved |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Attic
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
MAP
ADDITIONAL PHOTOS
Exterior
Living Room
Exterior 2
Bedroom
Bedroom 2