501 S Bloodworth St - Apartments FOR SALE


Raleigh, NC 27601- South Central
$5,999,000 USD
919-909-0004
501 S Bloodworth St, Raleigh, NC for Sale
$5,999,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

501 S Bloodworth St
Raleigh, NC 27601
South Central


HIGHLIGHTS

  • Downtown Raleigh’s first net zero-ready home collection
  • Two townhomes are already leased at $4,245 and $4,100 per month
  • 5 eco-friendly homes available, each capable of producing more energy than it consumes
  • Package includes 5 homes, representing combined ~12% reduction from market pricing

OVERVIEW

Package includes five townhomes, with up to seven units available for investors seeking a larger portfolio opportunity. Meet IDYLE—Downtown Raleigh’s first Net-Zero Ready townhome community, designed by Raleigh Architecture Company and backed by Southern Energy Management. Homes offer 3–4 bedrooms, 3.5 bathrooms, approximately 2,700+ square feet, two-car parking, rooftop terraces, optional solar, EV-ready infrastructure, and high-performance construction. Two townhomes are already leased at $4,245 and $4,100 per month, including one leased through May 2028, providing immediate in-place rental income. The remaining homes offer additional lease-up or resale potential in a walkable Downtown Raleigh location.

FOR SALE DETAILS

PRICE

$5,999,000 USD

PRICE/SF

$400 USD /SF

# OF UNITS

5

PRICE/UNIT

$1,199,800

CAP RATE

Request Cap Rate

% LEASED

40%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

IDYLE - Net Zero Ready, Luxury Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

RX-3

APN/PARCEL ID

1703.44-86-7662-000,1703.44-86-7674-000,1703.44-86-7675-000,1703.44-86-7677-000,1703.44-86-7679-000,1703.44-86-7772-000,1703.44-86-7774-000,1703.44-86-7775-000,1703.44-86-7777-000,1703.44-86-7779-000,1703.44-86-8629-000

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.