Ram’s Horn Student Housing

201 Howell Street, Chapel Hill NC 27514

$ 7,495,000

Ram’s Horn Student Housing

201 Howell Street, Chapel Hill NC 27514
ASSET TYPEStudent Housing
PRICE$ 7,495,000
PER UNIT$ 85,170 (per bedroom)
TOTAL UNITS16 units / 88 bedrooms
OCCUPANCY100%
YEAR BUILTBuilt 1967 / Renovated 2008
MARKETUNC Chapel Hill
STATUSAvailable

Highlights

➤ RARE OPPORTUNITY for 88-Bedroom Student Housing in walking distance to UNC Chapel Hill

➤ Fully leased for the 2021-2022 school year with strong leasing history and rising rents

➤ Walking distance to the University of North Carolina in Chapel Hill, one of the most prestigious universities in the state

➤ All buildings were completely renovated from the ground up in 2008-2009 and there's additional upside opportunity by modernizing and upgrading units

➤ Situated in an extremely high barrier-to-entry market and one of the strongest investment markets nationwide

Photos

Financials

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Location

Contact

Mike Siciliano

919.861.9730 x2
Mike@ApartmentCore.com