Fox Road Townhouse Portfolio - IMPROVED PRICE
Multifamily Portfolio with immediate upside
Marketing description
Back on the market due to no fault by seller or property.
Introducing a rare investment opportunity in North Raleigh — a newly constructed twelve-unit townhome portfolio along Fox Road and Malone Court. Completed in 2023, the property spans approximately 22,950 square feet across three buildings and is fully occupied, producing strong in-place income from day one.
Each unit is individually deeded, giving investors flexibility to hold as a stabilized rental portfolio or sell units individually to capture retail-level pricing. This feature creates a unique balance of current cash flow and future optionality rarely found in today’s market.
Zoned R-10 and surrounded by strong housing demand, this offering represents a modern, low-maintenance asset positioned for both yield and appreciation. With 100% occupancy, recent construction, and minimal operating overhead, it stands as one of the few true turnkey opportunities in North Raleigh.
Investment highlights
±22,950 SF across three newly constructed buildings
Twelve fee-simple townhome units, each deeded separately
Built in 2023 — modern design and low-maintenance construction
Zoned R-10 in the high-growth North Raleigh corridor
100% leased, generating immediate income with minimal overhead
Flexibility to sell units individually and establish an HOA for retail disposition
Turnkey investment offering both stable cash flow and long-term appreciation
Located near I-540, major employment hubs, and Triangle Town Center
APN: 1726894690; 1726894597; 1726894595; 1726894592; 1726896513; 1726894499; 1726894496; 1726894494; 1726894491; 1726895474; 1726896404; 1726896424; 1726896454
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
