$2,000,000 USD
407-463-9752
HIGHLIGHTS
- Fully renovated townhome units with modern interiors and in-unit washer/dryers
- Strong return potential upon occupancy stabilization
- Freshly updated exterior with enhanced curb appeal and landscaping
- Proximity to national retailers, grocery, and major employment centers
- Located in an established Raleigh neighborhood with excellent connectivity and transit access
- Positioned in a dense trade area (70K+ residents within 3 miles) supporting stable multifamily demand
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$54 USD /SF
# OF UNITS
32
PRICE/UNIT
$62,500
CAP RATE
8.24%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Gallery Apartments
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1974
PARKING SPACES
54
LAND DETAILS
LAND ACRES
1.6 AC
LAND SF
69,909 SF
ZONING
-
APN/PARCEL ID
08-8008-0-0121C
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407-463-9752
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407-463-9752
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