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I have a bit of an inside track on Chi Psi as my dad is a Carolina Chi Psi. My mother is a Carolina Alpha Delta Pi. Carolina Chi Psi is hands down the stronget Chi Psi chapter nationally.
Chi Psi is arguably, all around, one of the strongest fraternities at UNC. They may not be the most popular as viewed by other campus greeks, but they have tremendous alumni support in terms of both financial and support given. Multiple recent Rhodes Scholars, Phi Beta Kappas and student government presidents. Far, Far more than any other UNC chapter. Giant (approximately 6 acre) property with amazing huge house. Located on W Cameron a little bit away from the other houses on campus.
Beta is the second largest property on the UNC campus. Beautiful house as well. About 4.5 acres of land and located on S Columbia next to big fraternity court. Five houses are located in big fraternity court. The Beta's property is about 3/4 the size of all the land under big fraternity court. Beta has a party barn in the far back corner of their property.
Chi Psi and Beta are, by a fairly significant margin, the largest fraternity properties at Carolina. Some would argue Beta's property could be as valuable than Chi Psi's because it is located directly across the street from campus and is closer to Franklin street.
The remaining fraternity properties at UNC are also very, very nice. However, Chi Psi and Beta stand out way ahead of everyone else because of the sheer size of the land their houses sit on.
This opinion based on my recent visit to Chapel Hill. I walked and looked at every fraternity and sorority house on campus.
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