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Executive Summary

Proximity Pointe is a 12-unit, new construction townhome community offered as a bulk sale, comprised of two buildings in a rapidly growing Raleigh submarket. The property combines traditional exterior appeal with modern, thoughtfully designed interiors, providing durable, marketable product suited for today’s renter.
Located off Kirkland Road, the community offers efficient connectivity to Downtown Raleigh, NC State University, and key commuter routes including I-40 and US-401. The surrounding area continues to see residential growth and investment, supporting strong leasing fundamentals and long-term appreciation potential. Notably, the community is located within a designated Opportunity Zone, providing potential tax advantages for investors.
This offering presents an opportunity to acquire scale in a supply-constrained market with continued demand for well-located, low-maintenance housing.

Property Facts

Price $6,209,000
Price Per Unit $517,417
Sale Type Investment
No. Units 12
Property Type Multifamily
Apartment Style Townhome
Construction Status Under Construction
Building Size 26,004 SF
No. Stories 3
Year Built 2026
Opportunity Zone Yes
Zoning CX-3 - Commercial Mixed Use – 3 stories

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Double Vanities
  • Kitchen
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Yard
  • Deck
  • Dining Room
  • Family Room
  • Island Kitchen
  • Pantry
  • Porch
  • Large Bedrooms

Site Amenities

  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+4 5 - 2,167
3+3 7 - 2,167
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
0792.08-99-3952-000
Land Assessment
$238,200
Improvements Assessment
$0
Total Assessment
$238,200
  • Listing ID: 39892832

  • Date on Market: 3/24/2026

  • Last Updated:

  • Address: 1534 Kirkland Rd, Raleigh, NC 27603

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