DURHAM, NC-Atlanta-based Prudential Real Estate Investors, a realty investment management business, has bought a 287-unit apartment complex situated near Research Triangle Park from Charlotte-based Wood Partners for an amount of $29.5 million.
The Southern Oaks at Davis Park apartment building is located at 4407 Hopson Road in Durham County near the crossway of Hopson Road and Davis Drive. It was built in 2007. Prudential paid an average price of $102,787 per unit. For the full story, go to Triangle Business Journal.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
