1534 Kirkland Rd - Apartments FOR SALE


Raleigh, NC 27603- Parkland/Hidden Creek
$6,209,000 USD
919-909-0004
1534 Kirkland Rd, Raleigh, NC for Sale
$6,209,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

1534 Kirkland Rd
Raleigh, NC 27603
Parkland/Hidden Creek


OVERVIEW

Proximity Pointe is a 12-unit, new construction townhome community offered as a bulk sale, comprised of two buildings in a rapidly growing Raleigh submarket. The property combines traditional exterior appeal with modern, thoughtfully designed interiors, providing durable, marketable product suited for today’s renter. Located off Kirkland Road, the community offers efficient connectivity to Downtown Raleigh, NC State University, and key commuter routes including I-40 and US-401. The surrounding area continues to see residential growth and investment, supporting strong leasing fundamentals and long-term appreciation potential. Notably, the community is located within a designated Opportunity Zone, providing potential tax advantages for investors. This offering presents an opportunity to acquire scale in a supply-constrained market with continued demand for well-located, low-maintenance housing.

FOR SALE DETAILS

PRICE

$6,209,000 USD

PRICE/SF

$239 USD /SF

# OF UNITS

12

PRICE/UNIT

$517,417

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Proximity Pointe - 12 Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CX-3

APN/PARCEL ID

0792.08-99-3952-000

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 Notice.