Granville Commons

403 West C Street, Butner NC 27509

Granville Commons

403 West C Street, Butner NC 27509
ASSET TYPETownhome Apartments
SOLDFebruary 28, 2018
PRICE$ 3,915,000
PRICE PER UNIT$ 80,000
TOTAL UNITS49
YEAR BUILT1993 ~ 2003
MARKETRaleigh-Durham

DEAL Highlights

● 49-unit asset in smaller market north of Raleigh-Durham

● Primary challenge was to overcome extremely high price per unit based on asset size, location and market

● Sold for $80,000 per unit, resulting from highly targeted sales approach

● Closed within 60 days from contract date

● APARTMENT CORE represented the Seller

Contact Info

Mike Siciliano

919.861.9730 x2
Mike@ApartmentCore.com