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Investment Highlights
- Fully approved site plan - 5.88 acres in Youngsville, entitled for 72 multifamily units
- Close to major transportation corridors
- Three garden-style buildings with 24 units each
- Five miles from Wake Forest, one of the region's hottest residential markets
Executive Summary
Wrenn Apartments is a fully entitled, shovel-ready multifamily development in one of the Triangle’s fastest-growing suburban markets. This 5.88-acre site is approved for 72 garden-style units across three 3-story buildings, offering an ideal scale for developers seeking high-velocity lease-up in a limited-supply submarket.
Fully approved site plan - 5.88 acres in Youngsville, entitled for 72 multifamily units
Three garden-style buildings with 24 units each
Close to major transportation corridors
Franklin County PINs 1853-02-2935 and 1843-93-8208
Five miles from Wake Forest, one of the region's hottest residential markets
Fully approved site plan - 5.88 acres in Youngsville, entitled for 72 multifamily units
Three garden-style buildings with 24 units each
Close to major transportation corridors
Franklin County PINs 1853-02-2935 and 1843-93-8208
Five miles from Wake Forest, one of the region's hottest residential markets
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 5.88 AC |
| Zoning | MU-2 - Mixed Use | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 5.88 AC |
| Zoning | MU-2 - Mixed Use |
1 Lot Available
Lot
| Lot Size | 5.88 AC |
| Lot Size | 5.88 AC |
Wrenn Apartments is a fully entitled, shovel-ready multifamily development in one of the Triangle’s fastest-growing suburban markets. This 5.88-acre site is approved for 72 garden-style units across three 3-story buildings.
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Property Taxes
| Parcel Number | 005307 | Improvements Assessment | $0 |
| Land Assessment | $621,530 | Total Assessment | $621,530 |
Property Taxes
Parcel Number
005307
Land Assessment
$621,530
Improvements Assessment
$0
Total Assessment
$621,530
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