DURHAM, N.C. — Lantower Residential has acquired BullHouse, a 305-unit apartment community located in downtown Durham, for $76.3 million. Woodfield Development, which completed construction on the property earlier this year, sold the asset. BullHouse is located at 504 E. Pettigrew St., roughly three miles from Duke University & Hospital. The community features a mix of studio to three-bedroom units with stainless steel appliances, designer kitchen cabinets, white quartz countertops, USB outlets and floor-to-ceiling windows in select units. Community amenities include a heated saltwater pool, sky terrace, fitness center with separate yoga and massage rooms, electric car charging stations, Amazon Hub package system, dog spa and a clubhouse with entertaining space. Including this acquisition, Lantower Residential’s portfolio features 18 multifamily properties consisting of 5,938 units.
BullHouse features a heated saltwater pool, sky terrace, fitness center with separate yoga and massage rooms, electric car charging stations, Amazon Hub package system, dog spa and a clubhouse with entertaining space.
Lantower Acquires Newly Constructed Apartment Community in Downtown Durham for $76.3M
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