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Hunters Landing
1728 Race Track Road, New Bern NC 28562
$ 850,000
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Hunters Landing
1728 Race Track Road, New Bern NC 28562
Asset Type
Affordable Housing
Date Sold
November 8, 2016
Price
$ 850,000
Per Unit
$ 18,000
Total Units
48
Year Built
1997
Market
Eastern North Carolina
Highlights
Tax Credit LIHTC multifamily asset was heavily distressed, already in receivership, heading to foreclosure
Bank needed a highly qualified cash buyer who could move quickly, post-foreclosure if necessary
We targeted our most suitable buyers and quickly aligned the 'best' buyer for this asset and situation
Upon completion of foreclosure, we facilitated a successful sale and transition to satisfy all parties
APARTMENT CORE represented the Buyer
Location
Contact
Wayne Braren
Co-Founder
Apartment Core
919-861-9730
Wayne@ApartmentCore.com
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View Bio
Mike Siciliano
Co-Founder
Apartment Core
919-861-9730
Mike@ApartmentCore.com
Send Email
View Bio
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