Ellinwood Investment Properties, LLC

J. Harrison Ellinwood, PE, BIC
Commercial Broker, Realtor
harrison@ellinwoodproperties.com 
(O) 919-741-6185 / (F) 919-640-8822

Horizon Realty Advisors paid $21 million earlier this month for the Village Green apartment complex along Lake Wheeler Road, according to Wake County land records. The complex, which offers individual leases, mostly houses students at North Carolina State University and Meredith College.

There are 156 units in the complex. The property also includes a 4,000-square-foot clubhouse.

Student Village LP., a limited partnership managed by Canadian real estate investment company Jaymor Group, was the seller for the complex, built in 2003.

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.

Harrison Ellinwood of Raleigh's Ellinwood Investment Properties represented the seller in the transaction.

Ellinwood Investment Properties, LLC brokers $12million Mebane Apartment Complex
Harrison Ellinwood, of Ellinwood Investment Properties, LLC, in Raleigh, was the Buyer's Agent for Jaymor USA, to broker the sale of the Mebane Mill Apartments in Mebane, NC. The Sellers, Mebane Mill Investors, Inc., were represented by Triangle Commercial. Mebane Mill Apartments is a 192 unit (24, two-story buildings with 1,2&3 bedroom apts.) multifamily development that was constructed in two phases, consisting of a 112 unit first phase (built in 1997) and an 80 unit second phase (built in 1999). J. Harrison Ellinwood, PE, is the Owner and BIC for Ellinwood Investment Properties, LLC, a brokerage firm that specializes in multifamily & coastal investment property brokerage/development in North Carolina. Ellinwood is also a registered Professional Structural Engineer with over 10 years of commercial design experience, and manages the Raleigh Architectural/Engineering office of EDA, pa, http://www.edapa.com/.

Jaymor USA Inc. has bought the 192-unit Mebane Mill Apartments in Mebane from Mebane Mill Investors for $12 million. Harrison Ellinwood of Ellinwood Investment Properties acted as the buyer's agent for Jaymor. The listing agent was Triangle Commercial.