201 Howell St | Chapel Hill, NC 27514
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- LoopNet Team
201 Howell St
Chapel Hill, NC 27514
The Ramsey · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- RARE OPPORTUNITY for 88-Bedroom Student Housing in walking distance to UNC Chapel Hill
- Walking distance to the University of North Carolina in Chapel Hill, one of the most prestigious universities in the state
- Situated in an extremely high barrier-to-entry market and one of the strongest investment markets nationwide
- Fully leased for the 2021-2022 school year with strong leasing history and rising rents
- All buildings were completely renovated from the ground up in 2008-2009 and there's additional upside opportunity by modernizing and upgrading units
PROPERTY FACTS
| No. Units | 16 | Building Size | 28,040 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1967/2009 |
| Building Class | C | Parking Ratio | 2.64/1,000 SF |
| Lot Size | 3.88 AC | ||
| Zoning | R-4 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.88 AC |
| Building Size | 28,040 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2009 |
| Parking Ratio | 2.64/1,000 SF |
| Zoning | R-4 |
AMENITIES
UNIT AMENITIES
- Microwave
- Washer/Dryer
- Heating
- Refrigerator
- Oven
SITE AMENITIES
- Courtyard
- Picnic Area
- Tenant Controlled HVAC
- Volleyball Court
- Bicycle Storage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,723,700 | |
| Land Assessment | $3,263,700 | Total Assessment | $6,987,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,263,700
Improvements Assessment
$3,723,700
Total Assessment
$6,987,400
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