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2701 Homestead Road, Chapel View Apartments, Chapel Hill, NC 2701 Homestead Road, Chapel Hill, NC 27516

Residential • Sold
Best Use
Residential
  • 219,224 sf
  • 18.61 acres
City
Chapel Hill
County
Photo of Orange
Orange
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Property Details

Listing Details

  • List Price
    $26,000,000
  • Analysis

    Sale Price $26,000,000 ÷ 219,224 SF GBA = $118.60 per SF of GBA
    Sale Price $26,000,000 ÷ 224 Units = $116,071.43 per Unit
    Sale Price $26,000,000 ÷ 14 Buildings = $1,857,142.86 per Building

  • Address
    2701 Homestead Road, Chapel Hill, NC 27516
  • City
    Chapel Hill
  • County
    Orange
  • Parcel #
    9880-20-0342
  • Listing Agent(s)
  • Status
    Closed
  • Closed Date
    12/31/2019
  • Data Source
    Pickett Sprouse Commercial Real Estate
  • Listing ID
    85829

Legacy Details

  • Analysis

    Sale Price $26,000,000 ÷ 219,224 SF GBA = $118.60 per SF of GBA
    Sale Price $26,000,000 ÷ 224 Units = $116,071.43 per Unit
    Sale Price $26,000,000 ÷ 14 Buildings = $1,857,142.86 per Building

  • Grantee/Tenant
    HNA M CV, LLC
  • Grantor/Landlord
    Waypoint UNC Chapel View Owner, LLC
  • # of Multifamily Units
    224
  • Use at Time of Sale
    Garden Apartments
  • Utilities
    City

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