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Courtyard Apartments

210 Red Cross Street, Wilmington NC 28401

$ 3,800,000

Courtyard Apartments

210 Red Cross Street, Wilmington NC 28401
IMG_0440
Asset Type
Garden Apartments
Date Sold
September 23, 2020
Price
$ 3,800,000
Per Unit
$ 127,000
Total Units
30
Year Built
Built 2000 / Renovated 2019
Market
Downtown Wilmington (CBD)

Deal Highlights

30 fully-renovated apartments in the Central Business District (CBD) of Downtown Wilmington, NC
Expansive marketing campaign resulted in multiple offers
Highly strategic sale effort landed an aggressive out-of-state buyer
Sold for $127k per unit at a sub-6% CAP Rate
APARTMENT CORE represented the Seller

Location

Contact

TeamMembers-WayneBraren-Color-340x340

Wayne Braren

  • Co-Founder
  • Apartment Core
919-861-9730 x1
Wayne@ApartmentCore.com
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TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

  • Co-Founder
  • Apartment Core
919-861-9730 x2
Mike@ApartmentCore.com
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TeamMembers-EricPagnozzi-Color-340x340

Eric Pagnozzi

  • Investment Broker
  • N Carolina
919-861-9730 x3
Eric@ApartmentCore.com
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