NC State Assemblage
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NC State Assemblage
5 Properties in Raleigh, NC
Investment Highlights
- Prime location across from NC State University Campus
- High return on investment
- Great potential for student housing development with retail below
Executive Summary
*OWNER FINANCING AVAILABLE*
30% down payment
70% owner financing
7.5% interest
25 year amortisation, 5 year balloon
5 lots available for sale! (contact broker for pricing info)
• Prime Location: Perfectly situated across from NC State University, offering high visibility and easy access to the student population.
• Ample Space: The 1.05-acre land provides significant space for a mixed-use development, allowing for student housing with retail spaces underneath.
• Student-Focused Market: The proximity to the university makes this land an ideal location for student housing, fulfilling the demand for accommodation in the area.
• Retail Potential: Adding retail beneath the student housing benefits both the residents and the local community, creating a vibrant and convenient living environment.
• High Demand: The continuous growth of the student population pairs well with the need for more student-friendly housing options, ensuring a steady demand for the proposed development.
• Investment Opportunity: Investing in this land offers the poten- tial for long-term returns, given the strong market demand for student housing and the development growth in the area.
-We have a proposed site plan for 138 unit development (264 beds)
-1,795 SF of retail space & amenity space
30% down payment
70% owner financing
7.5% interest
25 year amortisation, 5 year balloon
5 lots available for sale! (contact broker for pricing info)
• Prime Location: Perfectly situated across from NC State University, offering high visibility and easy access to the student population.
• Ample Space: The 1.05-acre land provides significant space for a mixed-use development, allowing for student housing with retail spaces underneath.
• Student-Focused Market: The proximity to the university makes this land an ideal location for student housing, fulfilling the demand for accommodation in the area.
• Retail Potential: Adding retail beneath the student housing benefits both the residents and the local community, creating a vibrant and convenient living environment.
• High Demand: The continuous growth of the student population pairs well with the need for more student-friendly housing options, ensuring a steady demand for the proposed development.
• Investment Opportunity: Investing in this land offers the poten- tial for long-term returns, given the strong market demand for student housing and the development growth in the area.
-We have a proposed site plan for 138 unit development (264 beds)
-1,795 SF of retail space & amenity space
Property Facts
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Under Contract | Total Building Size | 6,720 SF |
| Number of Properties | 5 | Total Land Area | 1.06 AC |
| Sale Type | Investment or Owner User |
| Status | Under Contract |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 6,720 SF |
| Total Land Area | 1.06 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2808 Hillsborough St, Raleigh, NC 27607 | Retail | 4,960 SF | 1962 | - |
| 2812 Hillsborough St, Raleigh, NC 27607 | Retail | 1,760 SF | 1953 | - |
| 6 Bagwell Ave, Raleigh, NC 27607 | Land | 0.10 AC | - | - |
| 8 Bagwell Ave, Raleigh, NC 27607 | Land | 0.10 AC | - | - |
| 10 Bagwell Ave, Raleigh, NC 27607 | Land | 0.08 AC | - | - |
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