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123 Park 1306 Flint Pl 3 Unit Apartment Building $1,600,000 ($533,333/Unit) Raleigh, NC 27605

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Investment Highlights

123 Park Ave is 2,304 sf with 6 beds and 3.5 baths
100% rented with continuous rental history

1306 Flint Pl is 1,412 sf with 3 beds and 2 baths
Laundry facilities in both buildings

Executive Summary

Prime student-housing area two blocks from NC State, adjacent to Pullen Park and walking distance to Downtown Raleigh — high-demand, walkable location that commands consistent leasing from undergrad and graduate populations.
This exceptional investment opportunity has strong rental demand with long-term value appreciation. This charming property includes 3 units in 2 buildings, perfectly suited for a Student Housing Portfolio investor. Zoned R-10, it presents potential for future redevelopment.

Sale Brochure

Property Facts

Price	$1,600,000	Building Class	C
Price Per Unit	$533,333	Lot Size	0.18 AC
Sale Type	Investment	Building Size	3,716 SF
No. Units	3	Average Occupancy	100%
Property Type	Multifamily	No. Stories	2
Property Subtype	Apartment Multifamily Dormitory	Year Built	1901
Apartment Style	Low-Rise
Zoning	R-10

Price	$1,600,000
Price Per Unit	$533,333
Sale Type	Investment
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.18 AC
Building Size	3,716 SF
Average Occupancy	100%
No. Stories	2
Year Built	1901
Zoning	R-10