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Atlanta Investor Pays $47.8 Million for Research Triangle Apartment Complex

Cortland Buys 287-Unit Southern Oaks at Davis Park
Southern Oaks at Davis Park was built in 2007. Photo: CoStar
Southern Oaks at Davis Park was built in 2007. Photo: CoStar
By Cody Cole
CoStar Research
January 14, 2019 | 5:13 P.M.

An Atlanta-based investment firm purchased the Southern Oaks at Davis Park, a 287-unit apartment complex in Morrisville, North Carolina for $47.8 million, or about $166,000 per unit.

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News | Atlanta Investor Pays $47.8 Million for Research Triangle Apartment Complex