Facebook Pixel 515 Merritt Mill Road, Chapel Hill, NC | 515 South Merritt Mill Road,…
Office • Sold
Best Use
Multifamily
  • 11,650 sf
  • 1.02 acres

Property Details

Listing Details

  • List Price
    $2,267,000
  • Analysis

    Sale Price $2,267,000 ÷ 11,650 SF GBA = $194.60 per SF of GBA

  • Address
    515 South Merritt Mill Road, Chapel Hill, NC 27516
  • City
    Chapel Hill
  • County
    Orange
  • Parcel #
    9788-14-1426
  • Listing Agent(s)
  • Status
    Closed
  • Closed Date
    10/31/2017
  • Data Source
    Pickett Sprouse Commercial Real Estate
  • Listing ID
    71354

Legacy Details

  • Analysis

    Sale Price $2,267,000 ÷ 11,650 SF GBA = $194.60 per SF of GBA

  • Grantee/Tenant
    Anthemusa, LLC
  • Grantor/Landlord
    MMGB, LLC
  • # of Multifamily Units
    11
  • Use at Time of Sale
    McCauley Trail Apartments
  • Utilities
    All City

Notes

This property was completely renovated in 2009/2010. These town-home-style apartments feature hardwood floors, stainless steel appliances, remodeled bathrooms, and large porches. Residents are within walking distance to the University of North Carolina at Chapel Hill and the commercial hub of Franklin Street for extracurricular activities.

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