Apartments sell for $3.1 million

Published 12:00 am Wednesday, December 2, 2009

By Paris Goodnight
pgoodnight@salisburypost.com
College Park@Salisbury LLC has sold the apartment complex off Old Wilkesboro Roads to Golden Student Housing LLC for $3.1 million.
According to a deed filed in the Rowan County Register of Deeds office on June 13, the Greensboro-based company bought the property, which is listed at an appraised price of $2.96 million on the county’s Geographic Information System’s Web site.
Attorney Joel G. Bowden is the agent registered with Golden Student Housing, a corporation formed May 7, according to the N.C. Secretary of State’s Web site.
Bowden said Thursday he is involved with several corporations that own property from Greensboro to Myrtle Beach, S.C.
“This looked like a pretty good deal,” he said, adding that some units may get some refurbishing.
College Park at Salisbury apartments opened in May of 2005.
The apartments next to the city’s Kelsey-Scott Park were built by Makson Construction and were aimed at nearby Catawba and Livingstone students who wanted to live off campus.
The three three-story buildings hold 12 three-bedroom apartment units each. If each apartment housed six people, the complex could hold up to 216 residents.