Chapel Hill, NC 27514,111 Purefoy Road
Listed by Reformation Asset Management
Bought with Non Member Office

$750,000

$700,000

7.1%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 09/03/2019

Key Details

Sold Price $750,000

Property Type Single Family Home

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Not In A Subdivision

MLS Listing ID 2256947

Sold Date 09/03/19

Originating Board Triangle MLS

Year Built 2020

Annual Tax Amount $7,274

Property Description

Multi family construction development poised to fulfill the strong demand for student housing near the UNC Medical School. Excellent location, and steady rent growth makes this a strong investment for a contractor/developer, or a long term buy/hold investor. Seller has procured all relevant documents for this exciting project. Planning commission and Board of Adjustment cleared, Zoning plans submitted, permit projected to arrive between 1 Aug 2019 and 1 Sep 2019. Buyer to hire Builder.View doc manager

Location

State NC

County Orange

Direction Take S. Columbia to Purefoy Road (next to Merritt's)...go all the way to the top of the hill and property is on the right just before Mason Farm Road.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Hardwood

Exterior

View Y/N Yes

Garage No

Private Pool No

Building

Building Description Masonite, Shared Utilities

Faces Take S. Columbia to Purefoy Road (next to Merritt's)...go all the way to the top of the hill and property is on the right just before Mason Farm Road.

Foundation Other

Sewer Public Sewer

Water Public

Structure Type Masonite

New Construction Yes

Schools

Elementary Schools Ch/Carrboro - Glenwood

Middle Schools Ch/Carrboro - Grey Culbreth

High Schools Ch/Carrboro - East Chapel Hill

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Jonathan And Melissa Edmiston

Jonathan And Melissa Edmiston

+1(919) 391-6377

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Doorify MLS / Triangle MLS
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7072 NC HWY 751 Suite 101, Durham, NC, 27707

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