Arbors at North Hills

• Address: 5825 Pointer Drive, Raleigh, NC 27609
• Units: 199
• Acquisition Date: 2/25/2021
• Purchase Price: $27,000,000
• Sale Date: 5/31/2022
• Sale Price: $41,790,000
• Project Level IRR: ~115%
• Project Level Equity Multiple: ~2.7x