Howell Street Student Housing
201 Howell Street, Chapel Hill NC 27514
| ASSET TYPE | Student Housing |
|---|---|
| DATE SOLD | October 27, 2017 |
| PRICE | $ 5,280,000 |
| 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
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.