Village on Hill Street

2404 Hill Street, Raleigh NC 27604

$ 3,175,000

Village on Hill Street

2404 Hill Street, Raleigh NC 27604
Asset Type
Garden Apartments
Date Sold
July 28, 2016
Price
$ 3,175,000
Per Unit
$ 66,000
Total Units
48
Year Built
1995
Market
Raleigh-Durham

Deal Highlights

Seller was transitioning from Affordable Housing to Market Rate, while considering whether to sell before or after the rehabe and transition
We determined that seller's return would be greater by selling prior to completion of transition
Strategic campaign yielded a multiple offer situation
Sold during the transitioning stage for 97% of asking price
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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