4810 Bluestone Dr Raleigh, NC 27612

This exceptional multifamily investment opportunity presents a 139-unit apartment building situated on a 4.9-acre lot in Raleigh, North Carolina's desirable Crabtree Valley area. Built in 1997, the property boasts a total of 39,960 square feet and offers four distinct unit types ranging from 260 to 600 square feet. The projected average rent is $947 per unit, reflecting the strong demand for housing in this thriving market. The property's location directly off Glenwood Avenue, a major thoroughfare in the Raleigh Triangle area, ensures high visibility and convenient access. Raleigh's robust economy, fueled by the Research Triangle Park, consistently attracts new residents, creating a stable and growing demand for rental properties. This translates to consistent occupancy rates and predictable rental income, making this a compelling investment opportunity for those seeking a stable, high-performing asset in a dynamic market. The city's high population growth rate, coupled with a diverse and expanding job market in technology, healthcare, education, and finance, further solidifies the long-term potential of this property. The strong market dynamics and prime location within Crabtree Valley combine to create a highly desirable investment opportunity with significant upside potential. This property offers a unique blend of established income generation and future growth prospects in one of the Southeast's most dynamic markets. The property's size and unit diversity cater to a wide range of renters, ensuring consistent occupancy and maximizing rental income.