207 Woodsborough PlRaleigh, NC 27601

Property Details for 207 Woodsborough Pl

Year built

2023

Property size (Sq ft)

15,540 SF

Property type

Residential income homes

Description

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.

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Latitude

35.7778

Longitude

-78.6306

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