Howell Street Student Housing
201 Howell Street, Chapel Hill NC 27514
| ASSET TYPE | Student Housing |
|---|---|
| SOLD | October 27, 2017 |
| PRICE | $ 5,280,000 |
| PRICE 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
Contact Info
Mike Siciliano
919.861.9730 x2
Mike@ApartmentCore.com