Facebook Pixel 545 Ashley Court, Chapel Hill (The Apartments at Midtown 501) | 545…
Residential • Sold
Best Use
Multifamily, Residential
  • 334,104 sf
  • 21.12 acres

Property Details

Listing Details

  • List Price
    $53,750,000
  • Analysis

    $53,750,000 / 334,104 SF = $160.88 per SF

    $53,750,000 / 248 units = $216,734 per unit

    $53,750,000 / 31 bldgs = $1,733,871 per bldg

  • Address
    545 Ashley Ct, Chapel Hill, NC 27514
  • City
    Chapel Hill
  • County
    Orange
  • Parcel #
    9799-27-8842
  • Listing Agent(s)
  • Status
    Closed
  • Closed Date
    12/21/2022
  • Data Source
    Pickett Sprouse Commercial Real Estate
  • Listing ID
    660702

Legacy Details

  • Analysis

    $53,750,000 / 334,104 SF = $160.88 per SF

    $53,750,000 / 248 units = $216,734 per unit

    $53,750,000 / 31 bldgs = $1,733,871 per bldg

  • Grantee/Tenant
    Elliot Chapel Hill Borrower, LLC
  • Grantor/Landlord
    G&I VIII Midtown 501, LLC
  • # of Multifamily Units
    248
  • Use at Time of Sale
    Midtown 501 Apartments
  • Utilities
    City

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