Novato, California-based Black Point Capital LP purchased the seven-building, 98-unit complex apartments located just north of Jackson Field on the UNC campus from Windsor-based SC Rentals, according to a press release from broker Unique Properties Inc. The deal amounts to $131,632.65 per unit and $193.58 per square foot. Weld County assessors last valued the property at $8.1 million, according to property-transfer records. UNC previously owned the apartments, but sold it to SC Rentals in 2017 for $7.1 million.
Source: https://bizwest.com/2020/04/17/california-investment-firm-buys-apartments-near-unc-for-12-9m
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