THE RAMS HORN – 88 BEDS, 16 UNITS AT UNC CHAPEL HILL
SOLD 4/3/2025 for $6,700,000
$418,750 per unit and/or $76,136 per bedroom
Deaton GREA is pleased to present the exclusive offering of The Ram’s Horn Apartments. This 88-bedroom, 16-unit, student-housing community is located approximately 0.4 miles from the University of North Carolina at Chapel Hill. UNC is a nationally recognized, Power-5 institution, with an enrollment of more than 30,000 students.
Originally built in 1967, the property was renovated in 2009 and consists of four-bedroom and rare, legal six-bedroom floorplans. Some units are furnished and each bedroom is allocated an on-site parking space. The large units are complimented by community amenities that include bike racks, an outdoor grilling area, multiple picnic areas, hammock stations, and a sand volleyball court.
Ram’s Horn Apartments offer opportunities to add value through interior upgrades, exterior amenity additions, and operational improvements.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 4 UNITS | 4 BD/3 BATH | 1,525 SF | $765 MARKET PER BED |
| 12 UNITS | 6 BD/3 BATH | 1,940 SF | $735 MARKET PER BED |
PROPERTY INFORMATION
| PIN | 9788402618 & 9788308690 |
| Tax Value | $4,966,700 |
| Taxes | $86,788 |
| Lot Size | 3.88 ACRES |
| Year Built | 1967 (RENOVATED 2009) |
| Exterior | BRICK, HARDBOARD |
| Floors | LVP, CARPET |
| Foundation | SLAB |
| HVAC | CENTRAL AIR, HEAT PUMPS |
| Utilities | OWNER PAYS INTERNET/CABLE, WATER AND HOT WATER |
| Legal Description | 1 & 2 HOWELL STREET APARTMENTS LLC P114/156 |
| Appliances | RANGE, REFRIGERATOR, WASHER AND DRYER |
| Sold Date | 2025-04-03 |
| Zoning | R-4 |
Agent Information Thomas T Furlow
Location Map
THE RAMS HORN – 88 BEDS, 16 UNITS AT UNC CHAPEL HILL