Westridge Woods | 304-308 Buck Jones Rd
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Westridge Woods 304-308 Buck Jones Rd
16 Unit Apartment Building $2,800,000 ($175,000/Unit) Raleigh, NC 27606
Investment Highlights
- RARE 7.4% CAP RATE on 16-unit multifamily in the heart of Raleigh, North Carolina
- Spacious 2-BR and 3-BR units with nice layouts, recent renovations and good curb appeal
- Great central location near PNC Arena, NC State University, Downtown Raleigh and Cary NC
Executive Summary
RARE 7.4% CAP RATE on 16-unit multifamily in the heart of Raleigh, North Carolina!
Property Facts
| Price | $2,800,000 | Lot Size | 1.60 AC |
| Price Per Unit | $175,000 | Building Size | 14,600 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1959 |
| Property Subtype | Apartment | Parking Ratio | 2.47/1,000 SF |
| Apartment Style | Low Rise | Cross Streets | Bashford Rd |
| Building Class | C |
| Price | $2,800,000 |
| Price Per Unit | $175,000 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 14,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 2.47/1,000 SF |
| Cross Streets | Bashford Rd |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 14 | - | 900 |
| 3+2 | 2 | - | 1,000 |
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zoning
| Zoning Code | R-10 |
| R-10 |
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Westridge Woods | 304-308 Buck Jones Rd
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