Zoning & Uses:

The property at 420 Hillsborough Street in Chapel Hill is adjacent to historic district and currently zoned R-5-C, designated for fraternity, sorority, or organizational use. This zoning permits group housing facilities associated with educational institutions.

There is also the possibility of rezoning to R-SS-C, which might allow for higher-density residential development, potentially up to 40 units.   This could be beneficial if you plan to expand the facility or offer additional housing options. 

Being on Hillsborough Street, it’s very close to campus, amenities, and public transportation, which would make it convenient for many different uses.