201 Howell St - Apartments FOR SALE
Chapel Hill, NC 27514 |
201 Howell St
Chapel Hill, NC 27514
HIGHLIGHTS
- RARE OPPORTUNITY for 88-Bedroom Student Housing in walking distance to UNC Chapel Hill
- Fully leased for the 2021-2022 school year with strong leasing history and rising rents
- Walking distance to the University of North Carolina in Chapel Hill, one of the most prestigious universities in the state
- All buildings were completely renovated from the ground up in 2008-2009 and there's additional upside opportunity by modernizing and upgrading units
- Situated in an extremely high barrier-to-entry market and one of the strongest investment markets nationwide
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
The Ramsey
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
28040
STORIES
2
YEAR BUILT
1967
PARKING SPACES
74
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
9788308690,9788402618
