Howell Street Student Housing

201 Howell Street, Chapel Hill NC 27514

Howell Street Student Housing

201 Howell Street, Chapel Hill NC 27514
ASSET TYPEStudent Housing
DATE SOLDOctober 27, 2017
PRICE$ 5,280,000
PER UNIT$ 330,000
TOTAL UNITS16
YEAR BUILT1967 (Renovated 2008)
MARKETUNC 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

Location

Contact

Mike Siciliano

919.861.9730 x2
Mike@ApartmentCore.com

Thinking about selling?

APARTMENT CORE is a multifamily brokerage firm dedicated to helping you capitalize on your multifamily sale so you can grow your wealth.  If you own an apartment property anywhere in North Carolina and would like to learn how to get the highest price in today’s aggressive market, give us a call at 919-861-9730.