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Chapel View

Posted: 2/27/2023
224 Units
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Chapel View
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Chapel View

About

About Chapel View

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 224-unit Chapel View apartment community located in Chapel Hill, NC. This asset is situated in the thriving multifamily market in Chapel Hill and is benefiting from its proximity to UNC Chapel Hill. Just south of I-40, Chapel View is given streamlined access to Durham, RTP, and the entirety of the rapidly expanding Triangle. The property is just minutes from top retail including Whole Foods, Starbucks, Trader Joes, and Harris Teeter. Built in 1986, Chapel View offers an outstanding opportunity to invest in an asset that has received over $1.5 million in capital expenditures since the end of 2021. Incoming investors can continue the established, proven value-add program and increase NOI by over 23%.