4820 Gossamer Ln - Multi-Family FOR SALE


Raleigh, NC 27616- Northeast Raleigh
$1,005,000 USD
919-909-0004
4820 Gossamer Ln, Raleigh, NC for Sale
$1,005,000 USD
Multi-Family - FOR SALE
1/12
null | Request Cap Rate

4820 Gossamer Ln
Raleigh, NC 27616
Northeast Raleigh


HIGHLIGHTS

  • 100% leased portfolio with immediate cash flow
  • Three new construction townhomes generating $6,485/month
  • Up to three additional units available.
  • Convenient North Raleigh location.
  • Community consists of 55 homes. Construction is complete.

OVERVIEW

Three fully leased, new construction townhomes in the highly desirable Durant Towns community present an opportunity to acquire immediate, stabilized rental income in one of North Raleigh's strongest rental submarkets. The portfolio includes 4820 Gossamer Lane #102, #104, and #109, all currently leased with established tenants in place through 2027, generating $2,195/month, $2,095/month, and $2,195/month, respectively, for a combined gross rental income of $6,485 per month ($77,820 annually). The homes feature efficient 3-4 bedroom floor plans ranging from approximately 1,670-1,730 square feet, with open-concept layouts, durable modern finishes, private outdoor living spaces, and low-maintenance construction designed for long-term rental performance. Situated within the 55-townhome Durant Towns community near Durant Nature Preserve with convenient access to I-540, US-1, and major employment centers, the property benefits from strong tenant demand and proven leasing fundamentals in a sought-after North Raleigh location. Three additional units are available for purchase upon request, offering investors the opportunity to expand their portfolio within the same community and achieve greater operational efficiencies through a larger-scale acquisition.

FOR SALE DETAILS

PRICE

$1,005,000 USD

PRICE/SF

$258 USD /SF

# OF UNITS

3

PRICE/UNIT

$335,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Durant Towns - FULLY LEASED UNITS FOR SALE

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

2

LAND DETAILS

LAND ACRES

4.38 AC

LAND SF

190,793 SF

ZONING

CX-3

APN/PARCEL ID

1738.17-10-3765-000,1738.17-10-3765-052

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.