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Howell Street Student Housing
201 Howell Street, Chapel Hill NC 27514
Deal Story
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
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