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University Lake Apartments are conveniently located in Carrboro, NC, just minutes from UNC. Our central location puts all of Chapel Hill and Carrboro, North Carolina at your doorstep. Take advantage of Chapel Hill/Carrboro's great bus service, or walk or bike to UNC. I-40 and US 15-501 afford easy access to the area's diverse shopping, entertainment and dining, with Research Triangle Park just minutes away.