1151 Booth Pk blvd - Apartments FOR SALE


Chapel Hill, NC 27514- Estes
$3,445,000 USD
919-680-1555
1151 Booth Pk blvd, Chapel Hill, NC for Sale
$3,445,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

1151 Booth Pk blvd
Chapel Hill, NC 27514
Estes


HIGHLIGHTS

  • 5 new construction luxury townhomes
  • Projected rents of $3,500-$3,800/month per unit
  • Minutes from UNC & UNC Hospitals

OVERVIEW

Rare opportunity to acquire a portfolio of five newly constructed luxury townhomes in Coker Place, one of Chapel Hill's newest residential communities adjacent to the future UNC Carolina North campus. The offering is priced at $3,445,000 and projects monthly rents of $3,500–$3,800 per unit, providing investors with strong income potential in a high-demand rental market. The homes feature spacious 3-4 bedroom floor plans with approximately 2,050-2,220 SF, private elevators, open-concept layouts, designer finishes, flex spaces ideal for remote work, and attached garages. The community offers a low-maintenance lifestyle in a premier location just minutes from downtown Chapel Hill, Franklin Street, UNC, UNC Hospitals, and the growing Carolina North development. With limited new construction rental inventory in Chapel Hill and continued demand from university, medical, and technology professionals, this portfolio presents an attractive opportunity for investors seeking stable, long-term appreciation and rental growth.

FOR SALE DETAILS

PRICE

$3,445,000 USD

PRICE/SF

$330 USD /SF

# OF UNITS

5

PRICE/UNIT

$689,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 New Luxury Townhomes | Coker Place

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

2

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-5-CZD

APN/PARCEL ID

9789458681

ASK ABOUT THIS PROPERTY

Charles UmsteadCompass RealtyMore Info
919-680-1555

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Charles UmsteadCompass RealtyMore Info
919-680-1555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.