Facebook Pixel 3712 Horton Street, Raleigh, NC | 3712 Horton Street, Raleigh, NC…
Office • Sold
Best Use
Residential
  • 311,772 sf
  • 33.09 acres
City
Photo of Raleigh
Raleigh
County
Photo of Wake
Wake

Property Details

Listing Details

  • List Price
    $67,800,000
  • Analysis

    Sale Price $67,800,000 ÷ 311,772 SF GBA = $217.50 per SF of GBA
    Sale Price $67,800,000 ÷ 283 Units = $239,575.97
    Sale Price $67,800,000 ÷ 9 Buildings = $7,533,333.33 per Building

  • Address
    3712 Horton Street, Raleigh, NC 27607
  • City
    Raleigh
  • County
    Wake
  • Parcel #
    316660 & 052716
  • Listing Agent(s)
  • Status
    Closed
  • Closed Date
    1/16/2018
  • Data Source
    Pickett Sprouse Commercial Real Estate
  • Listing ID
    77147

Legacy Details

  • Analysis

    Sale Price $67,800,000 ÷ 311,772 SF GBA = $217.50 per SF of GBA
    Sale Price $67,800,000 ÷ 283 Units = $239,575.97
    Sale Price $67,800,000 ÷ 9 Buildings = $7,533,333.33 per Building

  • Grantee/Tenant
    MEPT Lake Boone, LP
  • Grantor/Landlord
    W-GV Greenway Village Holdings VII, LLC
  • # of Multifamily Units
    283
  • Use at Time of Sale
    Garden low rise apartments
  • Utilities
    All City

Notes

Land sold for $6,430,000 on 5/15/2015

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