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601 W Rosemary St
Chapel Hill, NC 27516 Downtown Chapel Hill

$823,750 - $870,000 USD

Apartments Condos For Sale  •  2,225+ SF

Property Details

  • Property Type Apartments
  • Total Building Size 105,000 SF
  • Lot Size 1.15 AC
  • Building Class B
  • Year Built 2010
  • Cap Rate 7.00 %
  • Zoning TC-3
54 Transit Score
90 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 104 Office/Retail 3,295 SF $823,750 USD
  • Unit Size: 3,295 SF
  • Condo Use: Office/Retail
  • Price: $823,750 USD
  • Sale Type: Investment
  • Price/SF: $250.00 USD
1st Floor - Unit 109 Office/Retail 2,225 SF $870,000 USD
  • Unit Size: 2,225 SF
  • Condo Use: Office/Retail
  • Price: $870,000 USD
  • Sale Type: Investment
  • Price/SF: $391.01 USD
Description
NNN Investment For Sale. Tenant is Medaxion

Sale Notes
Condo is for sale individually or as a group for $5 million

Description 

Rare opportunity: two office/retail condominium units For Sale or Lease at The Greenbridge, a 10-story mixed-use building with ground floor and 2nd-floor commercial space, and 100
residential condominiums on the upper floors.  Prime location, walking distance to UNC, Carrboro, and downtown Chapel Hill

Highlights

Heavy daytime foot traffic
Walking Distance to UNC
Downtown Chapel Hill
Modern Design
Lots of natural light
Tall Ceilings

Property Flyers

Financial Summary

Cap Rate: 7.00 %
Total Expenses: $0 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Concierge
  • Fitness Center
  • Property Manager on Site
  • Heating
  • Media Center/Movie Theatre
  • On-Site Retail
  • Kitchen
  • Tub/Shower
  • Views
  • Lounge
  • Green Community

Public Transportation

AirportDriveWalkDistance
Raleigh-Durham International 31 min - 18.2 mi
Ruffin Jones 919-289-1338 Atlas Stark Holdings, LLC
Ruffin Jones 919-289-1338 Atlas Stark Holdings, LLC