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Eller Capital Buys Colonial Arms Apts. for $3.6 Million

Local Firm Closes On Fourth Area Community in Past 16 Months
By Kim Fasone
March 6, 2015 | 5:37 P.M.

Eller Capital Partners, a Chapel Hill, NC-based multifamily investment and development firm, acquired the Colonial Arms Apts. at 612 Hillsborough St. in Chapel Hill for $3.6 million, or approximately $88,000 per unit.

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