THE CHELSEA APARTMENTS – 280 UNITS IN RALEIGH, NC
Address: |
3008 Calvary Dr, Raleigh, NC 27604, USA |
Overview: |
SOLD 12/30/2022 FOR $45,000,000
$160,715 per unit
Deaton Investment Real Estate represented the buyer and was the sole broker in this off-market transaction. Located in Raleigh, N.C., the Chelsea Apartments is a 280-unit apartment community situated on a 14.8 acre site. Built in 1985, the property features a variety of one- and two-bedroom floorplans. Amenities include a clubhouse, fitness center, two pools, pet play area, playground, and laundry facilities. This property presents an opportunity to acquire an asset in a competitive growth market and increase value through strategic improvements.
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