Marcus & Millichap Arranges Sale of 54-Bed Student Housing Community Near Elon University

by Katie Sloan

Elon, N.C. — Marcus & Millichap has arranged the sale of University Pointe, a 54-bed student housing community located near Elon University in Elon, North Carolina.

Jim Davis of Marcus & Millichap represented the seller, a limited liability company, in the transaction. An undisclosed buyer acquired the property for $1.65 million.

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