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Pinewood Apartments

109 West Poplar Avenue, Carrboro NC 27510

SOLD FOR $ 2,100,000

Pinewood Apartments

109 West Poplar Avenue, Carrboro NC 27510
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Asset Type
Garden Apartments
Date Sold
May 7, 2026
Price
$ 2,100,000
Per Unit
$ 191,000
Total Units
11
Year Built
Built 1962 / Renovated 2024
Market
Raleigh-Durham-Chapel Hill

Highlights

APARTMENT CORE successfully closed the sale of an 11-unit multifamily asset in the Chapel Hill, NC market
Positioned as a well-located apartment property near UNC Chapel Hill with excellent student housing potential
Closed above current list price at $2.1M
Sold for $191k per unit at a 5.49% cap rate
If you're thinking about selling, give us a call at 919-861-9730 to discuss how we can maximize your sale!

Location

Contact

TeamMembers-WayneBraren-Color-340x340

Wayne Braren

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

Mike Siciliano

  • Co-Founder
  • Apartment Core
919-861-9730
Mike@ApartmentCore.com
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View Bio
Headshots-JustinReilly-Color-340x340

Justin Reilly

  • Investment Broker
  • N Carolina
919-861-9730
Justin@ApartmentCore.com
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View Bio

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