Residential • Sold
$53,750,000
3 Star Garden Apartments
The Apartments at Midtown 501
Attachments
Property Details
- Best UseMultifamily, Residential
- SF334,104 sf
- Acres21.12 acres
- Building Year1973 Renovated 2015
- ZoningOI-2/R-4
- Attachments
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
- Address545 Ashley Ct, Chapel Hill, NC 27514
- CityChapel Hill
- CountyOrange
- Parcel #9799-27-8842
- Listing Agent(s)
- StatusClosed
- Closed Date12/21/2022
- Data SourcePickett Sprouse Commercial Real Estate
- Listing ID660702
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/TenantElliot Chapel Hill Borrower, LLC
- Grantor/LandlordG&I VIII Midtown 501, LLC
- # of Multifamily Units248
- Use at Time of SaleMidtown 501 Apartments
- UtilitiesCity
Information deemed reliable but not guaranteed to be accurate. © Pickett Sprouse Commercial Real Estate. All rights reserved.