Pullen Park Lofts

211 Ashe Avenue, Raleigh NC 27605

Pullen Park Lofts

211 Ashe Avenue, Raleigh NC 27605
ASSET TYPEEfficiency Units
DATE SOLDMarch 8, 2017
PRICE$ 5,044,000
PER UNIT$ 52,000
TOTAL UNITS97
YEAR BUILT1984
MARKETRaleigh-Durham

Deal Highlights

➤ 97 condo units with 18 separate owners, all with different objectives

➤ Took 2 years of consultation & planning to align owners and secure listing

➤ Unique ownership situation required highly flexible and well-qualified buyer

➤ 180-SF efficiency units sold for a whopping $283 per square foot

➤ Highest price per square foot since Sky House/Downtown Raleigh in Jan 2016

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.