REBusinessOnline

228-UNIT APARTMENT COMPLEX SOLD TO WISCONSIN FIRM

RALEIGH, N.C. — St. Germain, Wis.-based Eliason 1031 Properties has purchased the 228-unit Midtown Crossing apartment complex from DRA Advisors for an undisclosed amount. Located at 317 Lynn Rd. in Raleigh, the complex includes a fitness center, a swimming pool, a volleyball court, a 24-hour business center and a car-care facility. Apartment Realty Advisors’ Blake Okland and Dean Smith represented the seller.

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