Facebook Pixel 1505 Duke University Road, Durham | 1505 Duke University Rd, Durham,…
Residential • Sold
Best Use
Residential
  • 180,000 sf
  • 3.14 acres
City
Photo of Durham
Durham
County
Photo of Durham
Durham

Property Details

Listing Details

  • List Price
    $42,400,000
  • Analysis

    $42,400,000 / 180,000 SF =$235.56 per SF

    $42,400,000 / 244 units = $173,770 per unit

    $42,400,000 / 22 Buildings = $1,927,273 per building

  • Address
    1505 Duke University Rd, Durham, NC 27701
  • City
    Durham
  • County
    Durham
  • Parcel #
    108599,108601,108607,108608,108609,108610,108611,108612,108626,113654
  • Listing Agent(s)
  • Status
    Closed
  • Closed Date
    7/14/2021
  • Data Source
    Pickett Sprouse Commercial Real Estate
  • Listing ID
    396189

Legacy Details

  • Analysis

    $42,400,000 / 180,000 SF =$235.56 per SF

    $42,400,000 / 244 units = $173,770 per unit

    $42,400,000 / 22 Buildings = $1,927,273 per building

  • Grantee/Tenant
    University Durham Owner, LLC
  • Grantor/Landlord
    MAM-Durham, LLC
  • # of Multifamily Units
    244 units
  • Use at Time of Sale
    University Commons (student apartments)
  • Utilities
    City

Information deemed reliable but not guaranteed to be accurate. © Pickett Sprouse Commercial Real Estate. All rights reserved.