Village on Hill Street

2404 Hill Street, Raleigh NC 27604

Village on Hill Street

2404 Hill Street, Raleigh NC 27604
ASSET TYPEGarden Apartments
DATE SOLDJuly 28, 2016
PRICE$ 3,175,000
PER UNIT$ 66,000
TOTAL UNITS48
YEAR BUILT1995
MARKETRaleigh-Durham

Deal Highlights

➤ Seller was transitioning from Affordable Housing to Market Rate, while considering whether to sell before or after the rehabe and transition

➤ We determined that seller's return would be greater by selling prior to completion of transition

➤ Strategic campaign yielded a multiple offer situation

➤ Sold during the transitioning stage for 97% of asking price

➤ 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.