For Sale
$6,965,000

207 Woodsborough Pl Raleigh, NC 27601

Seven Premium Downtown Units, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a portfolio of seven brand-new, Class A single-family homes in downtown Raleigh, North Carolina. Each unit boasts four bedrooms, four bathrooms, and 2,220 square feet of living space, including a one-car garage. Built in 2023-2024, these properties offer a combined 15,540 square feet of net rentable space and provide two parking spaces per unit. The prime location places the homes within easy reach of Raleigh's vibrant cultural scene and numerous downtown attractions. With a potential monthly income of $8,000 per unit (based on comparable rentals), this portfolio offers significant income potential, suitable for both short-term rentals (Airbnb, with potential nightly rates of $599) and corporate furnished rentals. The property also features a rooftop terrace with stunning downtown skyline views. This investment is particularly attractive given the significant ongoing development in downtown Raleigh, with $7.1 billion currently invested in various projects. This portfolio represents a rare opportunity to acquire a high-yield, luxury rental property in a rapidly growing market. Note that finishes may vary slightly between units. The asking price for this exceptional portfolio is $6,965,000.

Highlights

  • $6,965,000 asking price for a Class A, seven-unit multifamily portfolio.
  • Seven new construction single-family homes (2023-2024) totaling 15,540 square feet.
  • Each unit features four bedrooms, four bathrooms, and a two-car garage, approximately 2,220 square feet.
  • Located in Downtown Raleigh, NC (27601), offering proximity to city attractions.
  • Potential for high rental income, suitable for corporate rentals or Airbnb.

Property Details for 207 Woodsborough Pl

Property type
Residential income homes
Square Feet
15,540 SF
Class
A
Year Built
2023
Buildings
7
Stories
3
Units
7

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.7778347
Longitude
-78.6305786

FAQs

What type of property is this?
Residential income home - Seven Premium Downtown Units, High ROI
Where is the residential income home located?
The property is located at 207 Woodsborough Pl Raleigh, NC.
What is the asking price?
The asking price for this property is $6,965,000.
What are key features of this property?
This property features: $6,965,000 asking price for a Class A, seven-unit multifamily portfolio.; Seven new construction single-family homes (2023-2024) totaling 15,540 square feet.; Each unit features four bedrooms, four bathrooms, and a two-car garage, approximately 2,220 square feet.
How can I contact the broker?
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207 Woodsborough Pl
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