New England Investment Partners Acquires Multifamily Property In Raleigh, NC For $12M
11700 Arnold Palmer Drive
MultiFamily
Sold 1 year ago
Summary
The multifamily property located at 11700 Arnold Palmer Dr in Raleigh, NC has been sold in a recent transaction. The property consists of 96 units and was sold for a total price of $12,000,000, resulting in a per unit price of $125,000. The sale took place on September 20, 2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $12,000,000
- Units: 96
- Price Per Unit: $125,000
- Address: 11700 Arnold Palmer Dr, Raleigh, NC
- Market: Raleigh, NC
New England Investment Partners acted as the buyer in this transaction, while The Pendergraph Cos. of Raleigh served as the seller.
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11700 Arnold Palmer Drive
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