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4204 Reavis Rd
Raleigh, NC 27606 University

$4,950,000 USD

Multifamily For Sale • 14,264 SF

Property Details

Property Type Multifamily
Total Building Size 14,264 SF
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

Property Flyers

Map

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 Rail	Drive	Walk	Distance
Raleigh Union Station (Piedmont - North Carolina by Train (NC Train))	6 min	-	3.3 mi
Cary Station (Piedmont - North Carolina by Train (NC Train))	10 min	-	5.5 mi
Airport	Drive	Walk	Distance
Raleigh-Durham International	17 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

4204 Reavis Rd Raleigh, NC 27606 University