366 Oak Ave Wake Forest, NC 27587
34-Unit Apartment Building, Value-Add Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Significant recent capital expenditures totaling approximately $1.25 million.
- Proven value-add opportunity: complete renovations on four remaining units to increase NOI.
- Excellent location: 20 minutes from Raleigh, near Class-A retail in Wake Forest.
- Prime location offering convenient access to both Wake Forest and Raleigh.
Property Details for 366 Oak Ave
- Property type
- Apartment buildings
- Year Built
- 1986
- Units
- 34
Location Insight
- City
- Wake Forest
- County
- Wake
- State
- North Carolina
- Latitude
- 35.9917207
- Longitude
- -78.5093586
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 34-Unit Apartment Building, Value-Add Opportunity
- Where is the apartment building located?
- The property is located at 366 Oak Ave Wake Forest, NC.
- What are key features of this property?
- This property features: Significant recent capital expenditures totaling approximately $1.25 million.; Proven value-add opportunity: complete renovations on four remaining units to increase NOI.; Excellent location: 20 minutes from Raleigh, near Class-A retail in Wake Forest.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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