Champion Real Estate Co Acquires Student Housing In Winston-Salem For $43M

Champion Real Estate Co has acquired a student housing property located at 961 Palm Drive in Winston-Salem, NC. The transaction was facilitated by brokers Scott Clifton and Stewart Hayes from JLL. The sale price for the property was $43,000,000, with a total of 75 units. This translates to a per unit price of approximately $573,333.

Summary of transaction details

• Property Type: Student Housing
• Transaction Amount: $43,000,000
• Address: 961 Palm Drive, Winston-Salem, NC
• Market: Winston-Salem, NC
• Buyer: Champion Real Estate Co
• Brokers: Scott Clifton & Stewart Hayes - JLL
• Units: 75
• Price per Unit: $573,333

The acquisition of the student housing property on 961 Palm Drive was made possible through the involvement of Champion Real Estate Co as the buyer. The deal was facilitated by brokers Scott Clifton and Stewart Hayes from JLL. The student housing property, located in Winston-Salem, NC, offers 75 units at a price per unit of $573,333.