Twelve-unit new construction townhome portfolio located along Fox Road and Malone Court in North Raleigh. Built in 2023, the property totals ±22,950 SF across three buildings and is 100% leased. Each townhome is individually deeded, providing flexibility to hold as a stabilized rental portfolio or sell units individually at retail pricing. All units feature three bedrooms, two and a half baths, open floor plans, modern finishes, and attached garages. The property generates strong in-place income with upside potential through rent adjustments on select below-market units. Positioned just north of I-540, the portfolio offers convenient access to Research Triangle Park, Raleigh-Durham International Airport, and the Triangle Town Center retail district. This turnkey offering combines new construction, fee-simple ownership, and minimal operating overhead in one of Raleigh’s most dynamic residential submarkets. Offered at $4,800,000 | 5.34% Cap Rate (In-Place)