DC investor buys Durham apartments for $56M, cites Apple, jobs (Yahoo! Finance: Company News)

Yahoo! Finance: Company News
DC investor buys Durham apartments for $56M, cites Apple, jobs – On Friday, Washington, D.C.-based StoneBridge Investments paid $56.15 million for the 242-unit Haven at Patterson Place apartments or around $232,024.79 per unit. The property is situated on 20 acres at 5110 Old Chapel Hill Road by the southern edge of the Patterson Place shopping mall. We were attracted to …

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