SOLD
FCP Acquires Multifamily Property In Raleigh, NC For $48M With Buyer's Rep Michael Errichetti & Broker Howard Jenkins
2419 Wycliff Road
MultiFamily
Sold 1 year ago
Summary
Sale
NORTH CAROLINA
MultiFamily
2419 Wycliff Rd in Raleigh, NC has been sold in a closed multifamily transaction. The property consists of 297 units and was sold for a total price of $48,000,000, resulting in an average price per unit of $161,616.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $48,000,000
- Units: 297
- Price per Unit: $161,616
The buyer for this transaction was FCP, represented by Michael Errichetti. Howard Jenkins of CBRE acted as the broker in this deal.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Howard Jenkins & Michael Errichetti
DATE: 10/06/2022
ADDRESS: 2419 Wycliff Rd
MARKET: Raleigh, NC
ASSET TYPE: Multifamily
BUYER: FCP - Michael Errichetti
BROKER: Howard Jenkins - CBRE
SALE PRICE: $48,000,000
UNITS: 297 ~ PPU: $161,616View on map
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Address2419 Wycliff Road
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