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4204 Reavis Rd
Raleigh, NC 27606 University

$4,950,000 USD

Apartments For Sale  •  14,264 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,264 SF
  • Building Class B
  • Year Built 2026
  • Zoning R-10
40 Transit Score
50 Walk Score

Highlights

New construction student housing community (8 townhomes / 32 beds)
6.0% cap rate at current asking price based on ~$950/bed market rents
Walk/bike to NC State University with excellent access to Downtown Raleigh and major commuter routes
Newly constructed student housing community featuring eight purpose-built 4-bedroom, 4.5-bath townhomes providing a total of 32 beds.
Prime location within walking and biking distance to NC State University, offering excellent access to Downtown Raleigh and major commuter routes, inc

Property Flyers

Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Family Room
  • Freezer
  • Island Kitchen
  • Large Bedrooms
  • Private Bathroom
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Raleigh Union Station (Piedmont - North Carolina by Train (NC Train)) 8 min - 3.8 mi
Cary Station (Piedmont - North Carolina by Train (NC Train)) 11 min - 5.2 mi
AirportDriveWalkDistance
Raleigh-Durham International 18 min - 11.1 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 1
Type: Reserved
Included in Rent: Yes
Johnny Chappell 919-909-0004 Compass
Johnny Chappell 919-909-0004 Compass