Hunters Landing

1728 Race Track Road, New Bern NC 28562

Hunters Landing

1728 Race Track Road, New Bern NC 28562
ASSET TYPEAffordable Housing
SOLDNovember 8, 2016
PRICE$ 850,000
PRICE PER UNIT$ 18,000
TOTAL UNITS48
YEAR BUILT1997
MARKETEastern North Carolina

DEAL Highlights

● Tax Credit LIHTC multifamily asset was heavily distressed, already in receivership, heading to foreclosure

● Bank needed a highly qualified cash buyer who could move quickly, post-foreclosure if necessary

● We targeted our most suitable buyers and quickly aligned the 'best' buyer for this asset and situation

● Upon completion of foreclosure, we facilitated a successful sale and transition to satisfy all parties

● APARTMENT CORE represented the Buyer

Contact Info

Wayne Braren

919.861.9730 x1
Wayne@ApartmentCore.com