300 Swift Avenue, Durham, NC 300 Swift Avenue, Durham, NC 27705

Durham Realty Inc (Duke Financial Services) acquired 300 Swift Luxury Apartments, a 202-unit apartment building on December 20, 2016 from Swift Avenue-FCA LLC (FCA Partners) for $50,000,000. The property is located at 300 Swift Ave in Durham. According to the January 12, 2017, The Chronicle, Duke purchases 300 Swift Apartment complex to house students during Crowell renovations. A representative with FCA Partners confirmed the sale price was correct from county records, and they were not represented by a broker in the sale. Seller also confirmed that the property was 95% occupied at closing with studio apartments, 1 bed, and 2 beds. The property is a 66-year-old, 4-story apartment building located on the NW corner of Hull Ave and Swift Ave.