Raleigh, NC 27606,1114 Chaney Road
Bought with Undisclosed

$1,460,000

Est. payment /mo

$1,460,000

Est.Price: ?

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1114 Chaney Road Raleigh, NC 27606

SOLD DATE : 12/31/2024

Key Details

Sold Price $1,460,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11364475

Sold Date 12/31/24

Property Description

Discover this secluded, 8-unit garden-style apartment complex located in the tranquil Kentwood neighborhood, just minutes from NC State University and Meredith College. The property is within walking distance of bus routes, restaurants, grocery stores, and a variety of other amenities. Key Highlights: Currently 87% occupied, featuring a stable tenant mix of students and working professionals. Recent HVAC system upgrades. Strong value-add potential, with rents significantly below market rates. Interested in learning more or scheduling a tour? Contact us today!

Location

State NC

County 37183

Rooms

Kitchen 0

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Tamisha Lane
Tamisha Lane

Broker In Charge | License ID: 327561

+1(919) 866-9302 | tamishalane@auraliaresidential.com

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