Alexan Garrett Farms

  • Investor Buys Multifamily Property from PREI for $165,436 Per Unit

    The Alexan Garrett Farms, a 298-unit rental community located off of U.S. 15-501 in south Durham has recently changed owners. According to the Triangle Business Journal, real estate investment firm Bentall Kennedy of Boston has acquired the property from Prudential Real Estate Investors of Chicago. The community sold for $49.3 million, or $165,436 per unit.

    Raleigh Durham 10 July 2013 22:06

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