Kivett Station Student Housing

35 Kivett Road, Lillington NC 27546

Kivett Station Student Housing

35 Kivett Road, Lillington NC 27546
ASSET TYPEStudent Housing
DATE SOLDJuly 23, 2020
PRICE$ 2,750,115
PER UNIT$ 172,000
TOTAL UNITS16
YEAR BUILTBuilt 2008 / Renovated 2019
MARKETCampbell University / Greater Raleigh-Durham

Deal Highlights

➤ 16-unit Student Housing asset with 48 total bedrooms, adjacent to Campbell University

➤ National marketing effort resulted in multiple offer situation

➤ Closed in only 2 weeks from contract date with a 1031 buyer

➤ Sold for $172k per unit and over $57k 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.