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Multifamily

Enclave-Raleigh Portfolio

1611 Collegeview Ave, Raleigh, NC 27606

Listing Price: Request For Offer

Number of Units
127
Gross SF
91,460

Investment Overview

Marcus & Millichap is pleased to present this exclusive listing of the Enclave-Raleigh portfolio, located in Raleigh, North Carolina. This portfolio, comprised of four extremely well-positioned properties, represents a unique investment opportunity in one of the United States hottest growth and investment markets. Consisting of a total of 127 units, three of the properties are centrally located in close proximity to downtown Raleigh and the NC State University campus while the fourth property is in the highly desirable Crabtree submarket. The portfolio has been recently renovated with select properties receiving interior upgrades that include new cabinets, new countertops, new flooring and updated paint schemes. Select exterior improvements include new roofs, windows, paint, and architectural enhancements. In addition to these upgrades, Flats at Crabtree has all new plumbing and electrical wiring and Oakwood Studios has new HVAC systems throughout. The Enclave-Raleigh Portfolio represents a rare opportunity for an investor to acquire a significant portfolio of boutique properties in two of Raleigh’s most attractive submarkets. The portfolio presents a variety of opportunities for upside potential, including installation of community amenities, additional interior upgrades, and increasing rental rates to those of competing properties within the submarket. The property’s exceptional locations, coupled with numerous opportunities for rent growth, provide a compelling basis for this unique opportunity in one of the United States most sought-after rental markets.

Investment Highlights

  • Boutique Portfolio with Recent Renovations
  • Multiple Avenues of Upside Opportunity
  • Premier Locations
  • Rarity of Offering
  • Covered Land Play
  • Condo Opportunity

Exclusively Listed By

Multifamily

Enclave-Raleigh Portfolio

Listing Price: Request For Offer

Number of Units
127
Gross SF
91,460

Investment Highlights

  • Boutique Portfolio with Recent Renovations
  • Multiple Avenues of Upside Opportunity
  • Premier Locations
  • Rarity of Offering
  • Covered Land Play
  • Condo Opportunity

Investment Overview

Marcus & Millichap is pleased to present this exclusive listing of the Enclave-Raleigh portfolio, located in Raleigh, North Carolina. This portfolio, comprised of four extremely well-positioned properties, represents a unique investment opportunity in one of the United States hottest growth and investment markets. Consisting of a total of 127 units, three of the properties are centrally located in close proximity to downtown Raleigh and the NC State University campus while the fourth property is in the highly desirable Crabtree submarket. The portfolio has been recently renovated with select properties receiving interior upgrades that include new cabinets, new countertops, new flooring and updated paint schemes. Select exterior improvements include new roofs, windows, paint, and architectural enhancements. In addition to these upgrades, Flats at Crabtree has all new plumbing and electrical wiring and Oakwood Studios has new HVAC systems throughout. The Enclave-Raleigh Portfolio represents a rare opportunity for an investor to acquire a significant portfolio of boutique properties in two of Raleigh’s most attractive submarkets. The portfolio presents a variety of opportunities for upside potential, including installation of community amenities, additional interior upgrades, and increasing rental rates to those of competing properties within the submarket. The property’s exceptional locations, coupled with numerous opportunities for rent growth, provide a compelling basis for this unique opportunity in one of the United States most sought-after rental markets.

Exclusively Listed By

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