7203 Plumleaf Rd - Apartments FOR SALE


Raleigh, NC 27613- Northwest Raleigh
$4,725,000 USD
919-909-0004
7203 Plumleaf Rd, Raleigh, NC for Sale
$4,725,000 USD
Apartments - FOR SALE
1/45
null | Request Cap Rate

7203 Plumleaf Rd
Raleigh, NC 27613
Northwest Raleigh


HIGHLIGHTS

  • 15-unit townhome investment package
  • Offered at a 26% discount from market pricing
  • Projected rents of $2,200–$2,700 per month, per unit

OVERVIEW

Build immediate scale with a 15-unit package at Sherron Townes, priced 26% below current market value. The collection includes newly constructed 3- and 4-bedroom residences ranging from approximately 2,000 to 2,500 square feet, with projected rents of $2,200–$2,700 per month, per unit. Each home pairs generous open-concept living with curated interiors, elevated appliance packages, designer fixtures, garage and driveway parking, and select rooftop terraces. Located in Durham with convenient access to RTP, RDU, Brier Creek, Downtown Durham and Raleigh, this offering combines built-in equity, strong rental potential and the efficiency of owning multiple units within one community.

FOR SALE DETAILS

PRICE

$4,725,000 USD

PRICE/SF

$10 USD /SF

# OF UNITS

15

PRICE/UNIT

$315,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherron Townes 15-Unit TH Investment Package

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

30

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

PDR

APN/PARCEL ID

0787.14-33-6769-000

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.