Dacian Road

564 Dacian Road, Raleigh NC 27610

$ 1,800,000

Dacian Road

564 Dacian Road, Raleigh NC 27610
Asset Type
Garden Apartments
Date Sold
November 5, 2021
Price
$ 1,800,000
Per Unit
$ 113,000
Total Units
16
Year Built
Built 1973 / Renovated 2020
Market
Downtown Raleigh

Deal Highlights

Renovated 16-unit multifamily inside the I-440 Beltline by Downtown Raleigh, NC
Flood zone and other issues posed financing challenges for investors
Strategic positioning attracted buyers with the capabilities and qualifications to get the deal closed
Sold for $113k per unit to an out-of-state investor
APARTMENT CORE represented the Seller

Location

Contact

TeamMembers-WayneBraren-Color-340x340

Wayne Braren

919-861-9730 x1
Wayne@ApartmentCore.com
TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

919-861-9730 x2
Mike@ApartmentCore.com
TeamMembers-EricPagnozzi-Color-340x340

Eric Pagnozzi

919-861-9730 x3
Eric@ApartmentCore.com

Free Valuation

Find out what your property is worth in today's market!

Login

Need a Login? Click Here   |   Forgot Password? Click Here

Free Valuation

Get a Free Valuation to find out what your property is worth in today’s market.