WINTERSHAVEN APTS – DOWNTOWN RALEIGH

Price:

$5,900,000

Status:

Sold

Address:

500 E Hargett St, Raleigh, NC 27601, USA

Overview:

SOLD 6/5/17 for $5,900,000. 

Deaton Investment Real Estate represented the buyer and NAI Carolantic Realty represented the sellers in this transaction.

Located two blocks east of Moore Square in downtown Raleigh, the Wintershaven and Winters Square properties represent a 2+ acres block, with 90 apartments and approximately 10,000 SF of commercial space.

The 61, one-bedroom apartments in Wintershaven are under a Housing Authority Project (HAP) contract until August of 2018.

The southern portion of the block, 231 S. East Street, Winters Square has a mix of market rate, two-bedroom and one-bedroom apartments with retail and office space.

Property Information

PIN 1703981174
Lot Size 2.13 ACRES
Sold Date 06/05/2017