70
DURHAM, N.C. — Chapel Hill, N.C.-based Great House has sold the 24-unit Birchwood Apartments to Rougemont, N.C.-based Cagle Apartments for $1.17 million. The complex sits on 1.05 acres of land at 2918 Chapel Hill Rd. in Durham. The property, which was built in 1990, consists entirely of one-bedroom units and is currently 100 percent occupied. Jim Scofield of Sperry Van Ness’ Raleigh, N.C., office represented the seller, and the firm’s Derrick Minor represented the buyer.