THE CHASE APARTMENTS – 119 UNITS IN BURLINGTON, N.C.
Address: |
3508 Garden Rd, Burlington, NC 27215, USA |
Overview: |
SOLD 8/30/2021 for $21,000,000
$176,470 per unit
Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction. The Chase Apartments is located in the suburban market of Burlington, NC which links the Triangle (Raleigh, Durham, Chapel Hill) and Triad (Greensboro, Winston-Salem, High Point) regions. This property features 119 units built in 1992 and had an occupancy rate of 97.5% at the time of the sale. The asset offers residents unparalleled natural amenities including spacious grounds and a beautiful pond.
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