facebook
Traded Co logo
Submit
Daily limit: 0/10

Landmark Companies Acquires 454-Unit MultiFamily Complex In Raleigh From Hudson Capital Properties For $106M

Property Image
SOLD
$106,000,000

North Carolina

See Similar Deals
MultiFamily
Sold 02/11/2026
the dealdetailscomps
Property Image
SOLD

Landmark Companies Acquires 454-Unit MultiFamily Complex In Raleigh From Hudson Capital Properties For $106M

7731 Midtown Market Avenue, 7750 Midtown Market Avenue & 6710 Archwood Avenue

See Similar Deals
MultiFamily
Sold 02/11/2026
the dealdetailscomps

Summary

NORTH CAROLINA
Asset Type:MultiFamily
Transaction Type:Sale

The transaction involved the acquisition of a multi-family asset located at 7731 & 7750 Midtown Market Avenue & 6710 Archwood Ave, Raleigh, NC. Landmark Companies purchased this 454-unit apartment complex from Hudson Capital Properties for a total of $106 million, equating to $233,480 per unit. The property is currently 93% leased and offers various amenities including pools, fitness centers, a dog park, and EV charging stations.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $106,000,000
  • Units: 454
  • Price Per Unit: $233,480
  • Buyer: Landmark Companies
  • Seller: Hudson Capital Properties
  • Market: Raleigh, NC

Landmark Companies represents a significant advancement in property acquisitions with this transaction, having successfully negotiated the purchase from Hudson Capital Properties. This deal reflects the active participation of both companies in the Raleigh multifamily real estate market.

Players

LC
Landmark Companies
BUYER
HP
Hudson Capital Properties
SELLER

Details

SOLD
IMAGE: 02/11/2026 ADDRESS: 7731 & 7750 Midtown Market Avenue & 6710 Archwood Ave MARKET: Raleigh, NC ASSET TYPE: MultiFamily BUYER: Landmark Companies SELLER: Hudson Capital Properties SALE PRICE: $106,000,000 UNITS: 454 ~ PPU: $233,480 NOTE: Landmark Cos. acquired Hudson 5401, a 454-unit apartment complex in Raleigh, for $106 million ($233,480/unit), from Hudson Capital Properties. The 93% leased property features units up to three bedrooms, with amenities including pools, fitness centers, a dog park, and EV charging stations.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$5,653,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$376,595.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$502,494.08
Annual Debt Service$6,029,928.94