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Church Street Co. Pays $6.3M for Apts of Westgrove

Private Investor Sells 97-Unit Multifamily Community
January 22, 2018
Church Street Co., a multifamily real estate investor, purchased the 97-Unit Apartments of Westgrove in Raleigh, NC from a private investor for $6.3 million, or approximately $65,000 per unit.

The 83,121-square-foot apartment community was built in 1987 and consists of two- and three- bedroom units across 11 buildings. Community amenities include on-site maintenance, a playground, swimming pool and additional storage space.

Both parties involved in the transaction represented themselves.

Please see CoStar COMPS #4111483 for more information on this transaction.
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