1322 E Lenoir St - Apartments FOR SALE


Raleigh, NC 27610- South Central
$2,800,000 USD
919-909-0004
1322 E Lenoir St, Raleigh, NC for Sale
$2,800,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

1322 E Lenoir St
Raleigh, NC 27610
South Central


HIGHLIGHTS

  • New construction, never occupied
  • Quality new builds with luxury finishes
  • Close proximity to Downtown Raleigh

OVERVIEW

Searching for the unicorn opportunity that only comes along once in a blue moon? Look no further than the Lenoir Collection - an investor's dream come true. Conveniently located near the heart of Downtown Raleigh, this package sale includes 3 newly constructed, duplex buildings, offering 6 premium units in total. Each unit has been built with exquisite craftsmanship and offers 1,656 sq ft of prime investment potential. With a stunning modern design, beautiful quartz countertops, an open concept main living space, elegant LVP flooring throughout, amazingly fitted bathrooms, and massive windows allowing tons of natural light, you are greeted with luxurious finishes at every turn. Each unit boasts 3 amply sized bedrooms, 3.5 bathrooms, and comes fully equipped with high-end Samsung Refrigerators and Washers/Dryers. Unique in its design, each unit also offers dual primary suites- perfect for attracting high-caliber tenants who are looking to maximize space and comfort. Looking more for a short-term rental? These units also provide a plethora of avenues for those looking to increase their portfolio with AirBnB/VRBO options. Opportunities like this one are few and far between, so act fast to claim your stake in one of the most booming cities in the country. *Seller is also open to selling buildings individually.*

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$282 USD /SF

# OF UNITS

6

PRICE/UNIT

$466,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

R-10

APN/PARCEL ID

1713.10-36-1038-000

ASK ABOUT THIS PROPERTY

Johnny ChappellCompassMore Info
919-909-0004

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Johnny ChappellCompassMore Info
919-909-0004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.