Updated
Brizo Apartments
1108 Merrion Ave, Durham, NC 27703
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Pricing by Bedroom
Rent Distribution
Price by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Property Price Trend
Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: modeled from how many distinct units we have observed over time
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: observed data only.
Observed Lease Revenue
$25K/mo
from 15 tracked leases; not enough coverage yet for a whole-building estimate
Effective Rent on New Leases
$1,683
vs $1,794 current asking ($111 negotiation gap)
Recent Lease Activity
23 units tracked; 15 assumed leased, 8 listed nowSee which units leased, when they left the market, and the rent they leased at.
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How is this calculated?
Negotiation Leverage Score (0-100)
Based on 5 observable signals from the property's listing data:
- +30 pts: 15+ units currently listed
- +25 pts: Active move-in specials
- +20 pts: Deep discounts (>$150/mo off)
- +15 pts: 5+ distinct floor plans
- +10 pts: 25+ units listed
All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.
Listed Units
8
Moderate availability
8 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
High demand property with less room to negotiate on price.
Price vs. Durham 27703
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Available Units
| Unit | Floor Plan | Bed/Bath | Sqft | ↑ Price | $/Sqft | Available | Details |
|---|---|---|---|---|---|---|---|
| Design 1A | Design 1A | 1bd / --ba | -- | $1,388 | -- | -- | |
| Design 1C with Den | Design 1C with Den | 1bd / --ba | -- | $1,569 | -- | -- | |
| Design 2A | Design 2A | 2bd / --ba | -- | $1,747 | -- | -- | |
| Design 2B | Design 2B | 2bd / --ba | -- | $1,768 | -- | -- | |
| Design 2C | Design 2C | 2bd / --ba | -- | $1,850 | -- | -- | |
| Design 2D | Design 2D | 2bd / --ba | -- | $1,909 | -- | -- | |
| Design 3A | Design 3A | 3bd / --ba | -- | $2,049 | -- | -- | |
| Design 3B | Design 3B | 3bd / --ba | -- | $2,075 | -- | -- | |
Unit Details
Train activity
Trains close by
Freight line 2,294 ft away · 16 trains/day
- 9 daytime, 7 overnight
- No road crossing within earshot. Horns unlikely.
- Operator: NS
City Club
Resident Notes & Access Codes
Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Durham, NC notes
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