Building Summary - Durham County Real Property Data

Building Summary

Data last updated on: 8/14/2026 Ownership current as of: 8/11/2026 Tax Year: 2026

REID 121591

PIN # 0810-47-2088

Location Address

Property Description

3806 UNIVERSITY DR

PROP-3117 SHANNON RD LLC & MCREE FAMILY PROP/LT#07 PL:000198-000067

Property Owner

Owner's Mailing Address

MREF IV UHILL LLC

701 BRICKELL AVE STE 1400 ATTN: EDUARDO GRUENER, MAURICIO GRU
MIAMI FL 33131

Parcel

Buildings

Misc Improvements

Land

Income

Deeds

Notes

Sales

Photos

Map

Building Location Address

3806 UNIVERSITY DR

Card

Section

Building Details

Building Name	APARTMENT HIGH RISE 4+ ST
Primary Occupancy Type	COMMERCIAL
Primary Occupancy	02W-APT-HIGH-R-4+ST
Primary Class	W
Primary Quality	B
Year Built	2019
Effective Year	2019
Physical Depreciation (Rating)	CAW-CDU PERCENTAGE
Physical Depreciation (% Bad)	13.00%
Economic Depreciation (% Bad)	20.00%
Functional Depreciation (% Bad)	0%
Gross Leasable Area (SQFT)	311126
Remodeled Year
Total Stories

Section Details

Occupancy Type	COMMERCIAL

Class	W
Depreciation	13%
Depreciation	CAW-CDU PERCENTAGE
50S-ELV-STOP-COM	8
51-ELEC-PASSANGER	2
Heat	15-HEAT-&-AC-COM
Occupancy	02W-APT-HIGH-R-4+ST
Quality	B
Sprinkler	1-WET-SPRINKLER

Building Total & Improvement Details

Total Adjusted Replacement Cost New	$85,621,014
Physical Depreciation (% Bad)	13.00%
Depreciated Value	$74,490,281
Economic Depreciation (% Bad)	20.00%
Functional Depreciation (% Bad)	0%
Total Depreciated Value	$59,592,225
Market Area Factor	1.00
Building Value	$59,592,225
Misc Improvements Value	$380,149
Total Improvement Value	$59,972,374

Assessed Land Value	$13,450,000

Assessed Total Value	$71,500,452

Addition Summary

Story	Type	Code	Area
1.00	Canopy Commercial	41	72
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	24
1.00	Canopy Commercial	41	825
1.00	Canopy Commercial	41	78
3.00	Balcony Commercial	42	24
3.00	Balcony Commercial	42	72
1.00	Canopy Commercial	41	78
1.00	Canopy Commercial	41	65
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	72
1.00	Canopy Commercial	41	65
1.00	Canopy Commercial	41	78
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	220
1.00	Canopy Commercial	41	78
1.00	Canopy Commercial	41	72
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	78
1.00	Canopy Commercial	41	72
1.00	Canopy Commercial	41	65
3.00	Balcony Commercial	42	78
3.00	Balcony Commercial	42	65
1.00	Canopy Commercial	41	65
1.00	Canopy Commercial	41	220
3.00	Balcony Commercial	42	65
3.00	Balcony Commercial	42	78
1.00	Canopy Commercial	41	220
1.00	Canopy Commercial	41	220
3.00	Balcony Commercial	42	78
3.00	Balcony Commercial	42	72
1.00	Canopy Commercial	41	220
1.00	Canopy Commercial	41	157
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	65
1.00	Canopy Commercial	41	157
3.00	Balcony Commercial	42	65
1.00	Canopy Commercial	41	96
1.00	Canopy Commercial	41	220
3.00	Balcony Commercial	42	220
3.00	Balcony Commercial	42	220
1.00	Canopy Commercial	41	384
1.00	Canopy Commercial	41	288
3.00	Balcony Commercial	42	220
3.00	Balcony Commercial	42	220
1.00	Canopy Commercial	41	50
3.00	Balcony Commercial	42	220
3.00	Balcony Commercial	42	220
3.00	Balcony Commercial	42	96
3.00	Balcony Commercial	42	220
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	24
3.00	Balcony Commercial	42	24
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	72
3.00	Balcony Commercial	42	72

Other Improvements

Units	Description	Item	Code	Year	% Bad	Value
1997	SIZE	Swimming Pool/Concrete		2019	40	92374
112853	UNITS	Asphalt Paving		2019	40	287775

Building Sketch	Photograph

(Click sketch for bigger image)