Three Triad Apartment Communities Sold

May 6, 2015 at 7:52 pm Leave a comment

The Triad Business Journal covered the sale of three Triad apartment properties:

Rehobeth Poine, constructed in 2009 on 4.58 acres off Meadow Oak Drive near Interstate 85, has an assessed value of $5.56 million, according to tax records.

Juliet Place was constructed in 2008 and 2014. It sits on 6.22 acres near West Vandalia Road and U.S. 220. Tax records show it has an assessed value of $4.34 million.

The Keystone Group sold the properties to Elkal Inc. for $63,745 per unit…

Capstone also brokered the sale of Hanover Court in Asheboro. The 152-unit complex, constructed in two phases with 72 units built in 1972 and 80 units completed in 1984, is located on 7.4 acres near Dixie Drive.

Kings Cross and Hanover Associates sold the property to Keystone for $5.75 million, or $37,823 per unit.

Advertisements

Entry filed under: Greensboro, Members in the News, Piedmont Triad Apartment Market, PTAA Members in the News. Tags: , , , , , , , , .

CoStar Purchasing Apartment Finder Large Multi-Use Development Planned Next to BB&T Ballpark in Winston-Salem

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Calendar

May 2015
S M T W T F S
« Apr   Jun »
 12
3456789
10111213141516
17181920212223
24252627282930
31  

Most Recent Posts


%d bloggers like this: