Private Investor Sells Fox Ridge Manor Apts. for $7 Million
Frontier Communities acquired the 165-unit Fox Ridge Manor Apts. in Raleigh, NC, from a private investor for $7 million, or about $42,400 per unit.
The 185,150-square-foot apartment community was built in 1972 and consists of 137 two- and three-bedroom units.
Please see CoStar COMPS #3068193 for more information on this transaction.