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Courtyard Apartments
210 Red Cross Street, Wilmington NC 28401
$ 3,800,000
View Deal Story
Courtyard Apartments
210 Red Cross Street, Wilmington NC 28401
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
Wayne Braren
Co-Founder
Apartment Core
919-861-9730 x1
Wayne@ApartmentCore.com
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Mike Siciliano
Co-Founder
Apartment Core
919-861-9730 x2
Mike@ApartmentCore.com
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View Bio
Eric Pagnozzi
Investment Broker
N Carolina
919-861-9730 x3
Eric@ApartmentCore.com
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View Bio
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