600 Units in North Raleigh
Address: |
6615 The Lakes Dr, Raleigh, NC 27609, USA |
Overview: |
SOLD 04/18/19 FOR $63,000,000
Deaton Investment Real Estate represented the buyer in the acquisition of Hawthorne North Ridge Apartments. Upon purchasing the property, the buyer re-branded the community as Willow Creek North Ridge. The seller was represented by ARA Newmark.
This core, B-class asset offers an opportunity to raise rents through strategic renovations. The property is located in North Raleigh within minutes of North Hills, I-440 and I-540. Originally built in 1973, the property offers attractive floor plans and amenity spaces.
|