Horizon Realty buys Raleigh student apartments for $21M - Triangle Business Journal:
There are 156 units in the complex. The property also includes a 4,000-square-foot clubhouse.
Reed Cos., a Florida developer of student housing, was the seller for the complex, built in 2003. According to its Web site, that company owns no other apartment properties in the Triangle.
The purchase of Village Green gives Horizon three student-housing apartment complexes in Raleigh. The company also owns sister complexes Centennial Ridge and Centennial Village, with the former located off Tryon Road and the latter at the corner of Gorman Street and Avent Ferry Road.
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