Lakeshore Apartments

1123 Lakeshore Ave, Durham, NC 27703

Overview

Equity Needed:	> $200,000
Down Payment:	8%

Description

Lakeshore Apartments
1123 Lakeshore Ave, Durham, NC 27703
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Conveniently located within walking distance of shopping, dining and movies, Lakeshore Apartments is a gated community near the Green Hills area of Durham.

The building amenities include a fitness center, 5,100 SF clubhouse with pool, gazebo, tennis courts, playground, car wash, gazebo and individual apartment security alarms.

Details

330 Class A Apartment Units
39.11 acres
A mix of 742 parking spaces and garages
Completed 2004

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Location

1123 Lakeshore Ave, Durham, NC 27703

Map

Investment Notes

DST Investment
High Return
Little to No Management Responsibilities

Agent

1031 Specialist

Delware Statutory Trusts (DST) are one of the preferred strategies for investors looking to carry out a 1031 exchange to defer their capital gains tax. These property types require a minimal amount of hands-on work, but can be tricky to obtain and operate. DST Real Estate should be owned inside[…]

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