Apartments fetch $39M in buyers' market - Business - News & Observer
The Ashley Park complex, at 10300 Pine Lakes Court, features one- to three-bedroom units and amenities such as a spa, swimming pool, tennis courts, a playground, club house, indoor basketball court, movie screening room, fitness and business centers. It was 98 percent occupied in March, up from 78 percent in March 2005. Average rents have fallen almost 10 percent to about $889 per unit during that period, according to Triangle Apartment Association data.
Monday, July 27, 2009
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