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3000 Renaissance Park Place (Apartments at the Arboretum), Cary, NC 3472 Renaissance Park Place, Cary, NC 27513

Office • Sold
Best Use
Residential
  • 311,201 sf
  • 8.89 acres
City
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Cary
County
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Wake
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Property Details

Listing Details

  • List Price
    $44,800,000
  • Analysis

    Sale Price $44,800,000 ÷ 311,201 SF GBA = $143.96 per SF of GBA
    Sale Price $44,800,000 ÷ 205 Units + $218536.59 per Unit

  • Address
    3472 Renaissance Park Place, Cary, NC 27513
  • City
    Cary
  • County
    Wake
  • Parcel #
    158997
  • Listing Agent(s)
  • Status
    Closed
  • Closed Date
    8/31/2018
  • Data Source
    Pickett Sprouse Commercial Real Estate
  • Listing ID
    77301

Legacy Details

  • Analysis

    Sale Price $44,800,000 ÷ 311,201 SF GBA = $143.96 per SF of GBA
    Sale Price $44,800,000 ÷ 205 Units + $218536.59 per Unit

  • Grantee/Tenant
    Renaissance Cary, LLC
  • Grantor/Landlord
    AERC Arboretum, LLP
  • # of Multifamily Units
    205
  • Use at Time of Sale
    Mid rise apartments
  • Utilities
    City

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