LIHTC PORTFOLIO NEAR RALEIGH, NC

PRICE:
$ 40,500,000
STATUS:
Sold
ADDRESS:
200 Guerin Road, Holly Springs, NC
OVERVIEW:

SOLD DATE:  5/23/25 for $40,500,000

245 units across three properties

Deaton GREA represented the seller and was the sole broker in this off-market transaction. All three properties sold were built in the mid-1990s and featured an attractive mix of two- and three-bedroom, townhome-style floorplans.

Maple Ridge Apartments
600 Guerin Road
Holly Springs, NC 27540
95 Units

Park Place Apartments
202 Luxury Lane
Knightdale, NC 27545
100 Units

Ridgewood Apartments
1000 Wait Avenue
Wake Forest, NC  27587
50 Units

UNIT INFORMATION
Unit Type Size Rent
95 UNITS MAPLE RIDGE APARTMENTS
100 UNITS PARK PLACE APARTMENTS
50 UNITS RIDGEWOOD APARTMENTS
PROPERTY INFORMATION
PIN 0659225035, 1754136718, 1840987790
Sold Date 2025-05-23

Location Map

LIHTC PORTFOLIO NEAR RALEIGH, NC
Address: 200 Guerin Road, Holly Springs, NC Price: $ 40,500,000 Unit: 245