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
SOLDOctober 27, 2017
PRICE$ 5,280,000
PRICE 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

Contact Info

Mike Siciliano

919.861.9730 x2
Mike@ApartmentCore.com