1400-1402 Gorman St | Raleigh, NC 27606
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
This Multifamily Property is no longer advertised on LoopNet.com.
1400-1402 Gorman St
Raleigh, NC 27606
Woodall Apartments · Multifamily Property For Sale
·
32 Units

Investment Highlights
- 1.37 Acres
- High Density Zone RX-3.
- Proforma assumptions based on potential for approximately: o 261 space parking structure o 261-unit beds in three levels above parking structure sim
- 32 1- Bdrm. 1 bath Units
- Great Student Housing location across from NC STATE
Property Facts
| No. Units | 32 | Building Size | 16,406 SF |
| Property Type | Multifamily | Average Occupancy | 72% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | C | Parking Ratio | 2.56/1,000 SF |
| Lot Size | 1.37 AC | Cross Streets | Marcom St |
| Zoning | RX-3 | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.37 AC |
| Building Size | 16,406 SF |
| Average Occupancy | 72% |
| No. Stories | 1 |
| Year Built | 1972 |
| Parking Ratio | 2.56/1,000 SF |
| Cross Streets | Marcom St |
| Zoning | RX-3 |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 32 | - | 450 |
Property Taxes
| Parcel Number | 0793.06-28-6512-000 | Improvements Assessment | $1,878,002 |
| Land Assessment | $1,440,000 | Total Assessment | $3,318,002 |
Property Taxes
Parcel Number
0793.06-28-6512-000
Land Assessment
$1,440,000
Improvements Assessment
$1,878,002
Total Assessment
$3,318,002
Listing ID: 17648438
Date on Market: 11/6/2019
Last Updated:
Address: 1400-1402 Gorman St, Raleigh, NC 27606
The University Multifamily Property at 1400-1402 Gorman St, Raleigh, NC 27606 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
- Parkland/Hidden Creek Apartment Buildings
- Southwest Raleigh Apartment Buildings
- Warehouse District Apartment Buildings
- South Central Apartment Buildings
- Pullen Park Apartment Buildings
- Capital District Apartment Buildings
- Downtown Raleigh Apartment Buildings
- South Raleigh Apartment Buildings
- South Durham Apartment Buildings
NEARBY LISTINGS
- 317 W Morgan St, Raleigh NC
- 2821 Club Plaza Rd, Raleigh NC
- 417 W Peace St, Raleigh NC
- 1306 Flint Pl, Raleigh NC
- 2404-2410 1/2 Van Dyke Ave, Raleigh NC
- 501 S Bloodworth St, Raleigh NC
- 300 Horne St, Raleigh NC
- 620 Rocky Knob Ct, Raleigh NC
- 2209 Garden Place Pl, Raleigh NC
- 5045 Lundy Dr, Raleigh NC
- 4700 Westgrove St, Raleigh NC
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map

Link copied
Your LoopNet account has been created!
Thank you for your feedback.
Please Share Your Feedback
We welcome any feedback on how we can improve LoopNet to better serve your needs.X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.