Hunters Landing

1728 Race Track Road, New Bern NC 28562

Hunters Landing

1728 Race Track Road, New Bern NC 28562
ASSET TYPEAffordable Housing
DATE SOLDNovember 8, 2016
PRICE$ 850,000
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

Location

Contact

Wayne Braren

919.861.9730 x1
Wayne@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.