Property profile

6205 Farrington Rd Chapel Hill, NC 27517

OFF-MARKET
Garden apartment buildings
Property ID
US53-1190260
6,846 SF 19.5 ac lot Built 1995
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1995
Total area 6,846 SF
Lot 19.5 ac (849,420 SF)
Zoning code RS-M(D)
APN 141743
UPID US53-1190260

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex
  • Apartment Building
  • Translation Service Service Establishment
  • Marketing & Advertising Advertising Agency

Location

6205 Farrington Rd Chapel Hill, NC 27517-7845
Chapel Hill metro Census 2019 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$795k
CAP Approach CAP
$1.07M
Comparable Approach Comparable
$882k
Blend (final) Blend
$915k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2024
$74.8M
2022
Price N/A
2006
$33.0M

Zoning & alternative use

RS-M(D) · Chapel Hill, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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