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Tennessee Investor Starts New Year With Apartment Purchase in Raleigh, North Carolina

Slower Demand and Construction Have Cooled Rent Prices
A Tennessee investor bought Edwards Mill Townhomes and Apartments in Raleigh, North Carolina. (CoStar)
A Tennessee investor bought Edwards Mill Townhomes and Apartments in Raleigh, North Carolina. (CoStar)
CoStar News
January 9, 2023 | 7:38 P.M.

A Tennessee real estate investor started the new year by tapping into Raleigh, North Carolina’s apartment market for the first time.

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