D3 Real Estate Group Acquires Raleigh Multifamily Community From Saratoga Capital Inc For $7.1M

The transaction involved a multifamily asset located at 2404 Hill Street in Raleigh, NC. The property consists of 48 units, and the sale price was $7,100,000, resulting in a price per unit of $147,917.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,100,000
• Units: 48
• Price Per Unit: $147,917
• Buyer: D3 Real Estate Group
• Seller: Saratoga Capital Inc
• Brokerage: NorthMarq

The deal was facilitated by brokers Ron Corrao, James Dorsett, Matthew Weinstein, Eric Liebich, Dane Lozier, and Scott Fuller, who represented the seller, Saratoga Capital Inc. The NorthMarq’s Carolinas Multifamily team was instrumental in closing this transaction, highlighting their expertise in the multifamily market segment.