TRAILS END – 306 UNITS IN BURLINGTON, NC
Address: |
34 Sherry Dr, Burlington, NC 27215, USA |
Overview: |
SOLD 2/28/2022 FOR $44,500,000
$145,425 per unit
Deaton Investment Real Estate represented the buyer and was the sole broker in this off-market transaction. Trails End Apartments is a 306-unit, garden-style apartment community located in Burlington, NC. Built in 1970 and 1982, the property offers a mix of one-, two-, and three-bedroom floor plans with amenities that include two community pools, playground areas, laundry facilities, a clubhouse, and newly constructed garages. This offering is a great opportunity for a buyer to continue a proven-value add strategy for an asset in a thriving sub-market.
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