600 Martin Luther King Jr. Boulevard - 600 Martin Luther King Jr. Boulevard, Chapel Hill, NC 27514
Unit University Apartments
Available
December 15, 2023
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Available on
December 15, 2023
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Time on Market
5 months
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Last updated
Dec 14, 2023
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Space ID
2151290
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Property Details
Value-Add Opportunity: Well-maintained property, with plenty of opportunity to further upgrade units and common areas. Power 5 University: Extremely attractive university market with an enrollment over 30,000 students. Close to Campus: Asset sits just 0.6 miles to University of North Carolina - Chapel Hill . Strong Leasing: 98% leased for 2023-2024 school year. Ground Lease Established: Over 30 years remaining in ground lease with land owner with additional extension options
- Property TypeSpecial Purpose
- Submarket
- Year Built1969
- Total Building Size112,089RSF
- Total Available112,089RSF
- Last updatedDec 15, 2023
- Property ID2229973
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