Fully Leased Condo
For Sale
Contact for pricing
500 Shepherd Ln, Chapel Hill, NC 27514
Condo portfolio of eight units, fully leased, featuring studio and one-bedroom configurations.
Property SizeContact for details
Days on Market121
Property Features for 500 Shepherd Ln
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
8
Listing Agency:
Best Investment Realty
Listed By:
Stephanie Kerr · License #264391
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 10:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Best Investment Realty
Investment Insights
Based on property information with market context.
This fully leased condo building consists of a portfolio of eight individual condos: four 1-bedroom, 1-bath units and four studio, 1-bath units. The community is described as well maintained, with tile floors, updated kitchens, and easy parking. HOA coverage includes water, building exterior, and landscaping.
The property is positioned for convenient daily access, including being on a bus line and within walking distance to area destinations referenced in the remarks, such as Battle Branch Trail, University Place, the CH Community Center, Silverspot, Trader Joes, and Harris Teeter/Whole Foods.
The building is 100% leased. Additional materials such as rent roll and proforma are available by request through the listing agent, along with showing instructions.
The property is positioned for convenient daily access, including being on a bus line and within walking distance to area destinations referenced in the remarks, such as Battle Branch Trail, University Place, the CH Community Center, Silverspot, Trader Joes, and Harris Teeter/Whole Foods.
The building is 100% leased. Additional materials such as rent roll and proforma are available by request through the listing agent, along with showing instructions.
Key Highlights
- Portfolio of 8 fully leased condos in Chapel Hill, with 100% occupancy
- Unit mix: 4 studio (1 bath) units plus 4 one‑bedroom (1 bath) units
- HOA includes water, building exterior, and landscaping
Property Analytics
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,071
Businesses Nearby
Explore this area
Business Placement
Demographics for 27514, NC
33,809
Population
11,470
Households
2.9
Avg Household Size
27
Median Age
80%
College-Educated
98%
High-School Grad
19.6 sq mi
ZIP Area
1,725
Density / Sq Mi
$94,167
Median Household Income
$25,145
Median Earnings
$1,491
Median Rent
$628,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Condo portfolio of eight units, fully leased, featuring studio and one-bedroom configurations.
Where is this apartment building located?
The property is located at 500 Shepherd Ln Chapel Hill, NC.
What are key features of this property?
This property features: Portfolio of 8 fully leased condos in Chapel Hill, with 100% occupancy; Unit mix: 4 studio (1 bath) units plus 4 one‑bedroom (1 bath) units; HOA includes water, building exterior, and landscaping
