Login

Asheville Firm Sells Woodland Hills Apts. for $18.5M

Boston Group Expands Portfolio with 216-Unit Multifamily
By Jim Worth
November 29, 2007 | 4:59 AM

Tri-State Management & Investment Inc., of Asheville, NC, completed its sale of the 216-unit Woodland Hills Apartment Homes in Asheville to RCG Woodland Hills LLC, of Boston, MA, for $18.5 million, or approximately $85,648 per unit, at a capitalization rate of 6.07%.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE