Taurus Snags $34M Raleigh Community
Olde Raleigh aerial Taurus Investment Holdings acquired the Olde Raleigh garden - style apartment community in the Northwest submarket of Raleigh, N.C. The company purchased the property from Chaucer Creek Capital for $33.5 million. Located at 4000 Grand Manor Court , the 228- unit community features one-, two- and three- bedroom floorplans ranging from 716 to 1,523 square feet. Interior features include gourmet kitchens , walk-in closets, washer/dryer connections, bay windows, crown molding, nine-foot ceilings, garden tubs, faux wood plank flooring , private balcony/patios, brushed nickel faucets , stainless steel appliances , refinished white cabinets , spring carnival faux granite counter tops , columns and built-in bookshelves. Amenities with an upgrade “Taurus plans to execute an extensive renovation plan throughout the property including: high- quality interior renovations of the apartment homes, new and upgraded amenities on site, exterior cosmetic improvements , and sus...