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5 New Luxury Townhomes | Coker Place 1151 Booth Pk blvd 5 Unit Apartment Building $3,445,000 ($689,000/Unit) Chapel Hill, NC 27514
Investment Highlights
- 5 new construction luxury townhomes
- Minutes from UNC & UNC Hospitals
- Projected rents of $3,500-$3,800/month per unit
Executive Summary
Rare opportunity to acquire a portfolio of five newly constructed luxury townhomes in Coker Place, one of Chapel Hill's newest residential communities adjacent to the future UNC Carolina North campus. The offering is priced at $3,445,000 and projects monthly rents of $3,500–$3,800 per unit, providing investors with strong income potential in a high-demand rental market.
The homes feature spacious 3-4 bedroom floor plans with approximately 2,050-2,220 SF, private elevators, open-concept layouts, designer finishes, flex spaces ideal for remote work, and attached garages. The community offers a low-maintenance lifestyle in a premier location just minutes from downtown Chapel Hill, Franklin Street, UNC, UNC Hospitals, and the growing Carolina North development.
With limited new construction rental inventory in Chapel Hill and continued demand from university, medical, and technology professionals, this portfolio presents an attractive opportunity for investors seeking stable, long-term appreciation and rental growth.
The homes feature spacious 3-4 bedroom floor plans with approximately 2,050-2,220 SF, private elevators, open-concept layouts, designer finishes, flex spaces ideal for remote work, and attached garages. The community offers a low-maintenance lifestyle in a premier location just minutes from downtown Chapel Hill, Franklin Street, UNC, UNC Hospitals, and the growing Carolina North development.
With limited new construction rental inventory in Chapel Hill and continued demand from university, medical, and technology professionals, this portfolio presents an attractive opportunity for investors seeking stable, long-term appreciation and rental growth.
Property Facts
| Price | $3,445,000 | Apartment Style | Townhome |
| Price Per Unit | $689,000 | Building Class | A |
| Sale Type | Investment | Building Size | 10,436 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Parking Ratio | 0.19/1,000 SF |
| Zoning | R-5-CZD - Residential-5 Conditional Zoning District | ||
| Price | $3,445,000 |
| Price Per Unit | $689,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | A |
| Building Size | 10,436 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 0.19/1,000 SF |
| Zoning | R-5-CZD - Residential-5 Conditional Zoning District |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Crown Molding
- Double Vanities
- Kitchen
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Yard
- Basement
- Breakfast Nook
- Deck
- Dining Room
- Family Room
- Framed Mirrors
- Freezer
- Island Kitchen
- Office
- Pantry
- Patio
- Porch
- Large Bedrooms
- Quartz Countertops
Site Amenities
- Courtyard
- Picnic Area
- Playground
- Walking/Biking Trails
- Bicycle Storage
- Car Charging Station
- Elevator
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3.5 | 4 | $3,500 | 2,054 |
| 4+3.5 | 1 | $3,800 | 2,220 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 9789458681 | Improvements Assessment | $0 |
| Land Assessment | $200,000 | Total Assessment | $200,000 |
Property Taxes
Parcel Number
9789458681
Land Assessment
$200,000
Improvements Assessment
$0
Total Assessment
$200,000
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5 New Luxury Townhomes | Coker Place | 1151 Booth Pk blvd
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