TerraCap Management Acquires Morrisville Multifamily For $99.7M
North Carolina
See Similar DealsTerraCap Management Acquires Morrisville Multifamily For $99.7M
200 Wind River Parkway, Morrisville, North Carolina 27560, United States
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The multifamily property located at 200 Wind River Pkwy in Morrisville, NC has been sold in a closed transaction. The property consists of 346 units and was sold for a total price of $99,700,000, which equates to an average price per unit of $288,145. The sale was completed on 08/10/2022.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $99,700,000
- Address: 200 Wind River Pkwy, Morrisville, NC
- Market: Morrisville, NC
- Buyer: TerraCap Management - Steve Good
- Seller: Kettler
- Units: 346
- Price per Unit (PPU): $288,145
TerraCap Management, represented by Steve Good from their agency, finalized the purchase of the property from Kettler. The sale marks a significant transaction in the Morrisville market, demonstrating the continued interest in multifamily assets within the area.
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