Boston Capital Real Estate Partners Acquires 200 East Apartments In Durham For $61.59M

The property involved in this transaction is a multi-family asset located at 200 Edinborough Drive in Durham, NC. The sale concluded on February 13, 2025, with a transaction amount of $61,590,000. The asset consists of 330 units, and the price per unit is calculated at $186,636. The apartment complex has been rebranded as Aventura RTP and offers various amenities, with rental prices ranging between $1,210 and $1,585.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $61,590,000
• Buyer: Boston Capital Real Estate Partners
• Seller: American Landmark
• Units: 330
• Price Per Unit: $186,636

Boston Capital Real Estate Partners acquired the 200 East apartments in Research Triangle Park. American Landmark was the seller in this transaction, facilitating the ownership transfer of the complex now known as Aventura RTP.