RALEIGH - DEMAND FOR APARTMENTS INCREASES AND SO DO PRICES
Raleigh, North Carolina. The 276 unit Windsor Falls apartment complex at Falls of Neuse and Old Wake Forest Roads was sold to Fairfield Properties for $22.8 million. That is 21% more than the seller, Associated Estates Realty, paid for it in 1998. The price equals $82,609 per unit.
John Fish (919) 696-3474 Email: marvmax@mindspring.com Website: www.JohnFish.com
