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Rental Investment Opportunity in Raleigh, NC near NC State
Secluded, 8-unit garden-style apartment complex located in the tranquil Kentwood neighborhood, just minutes from NC State University and Meredith College. The property is within walking distance of bus routes, restaurants, grocery stores, and a variety of other amenities.
Key Highlights:
- Currently 87% occupied, featuring a stable tenant mix of students and working professionals.
- Recent HVAC system upgrades.
- Strong value-add potential, with rents significantly below market rates.
Happy to speak to anyone that may be interested in this opportunity or put you in contact with the broker that is listing it with my firm.