Howell Street Student Housing

201 Howell Street, Chapel Hill NC 27514

$ 5,280,000

Howell Street Student Housing

201 Howell Street, Chapel Hill NC 27514
Asset Type
Student Housing
Date Sold
October 27, 2017
Price
$ 5,280,000
Per Unit
$ 330,000
Total Units
16
Year Built
1967 (Renovated 2008)
Market
UNC Chapel Hill

Deal Highlights

Unique 88-bedroom student housing asset in highly desirable UNC Chapel Hill market
Primary challenge was to overcome a smaller 16-unit property at an extremely high price-per-unit
Highly targeted sales approach was implemented to attract the "right" buyers
Closed at an uprecedented $330k per unit and $60k per bedroom
APARTMENT CORE represented the Seller

Location

Contact

TeamMembers-WayneBraren-Color-340x340

Wayne Braren

919-861-9730 x1
Wayne@ApartmentCore.com
TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

919-861-9730 x2
Mike@ApartmentCore.com

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