Log In/Sign Up
Your email has been sent.
Westgrove Tower 4700 Westgrove St 240 Unit Apartment Building For Sale Raleigh, NC 27606
Investment Highlights
- 2nd fastest growing MSA in the US!
- Proximity to NC State main campus and west campus
- Opportunity to develop vertically
Executive Summary
2nd Fastest Growing MSA in the US!
¼ Mile off of I-440
Opportunity to Develop Vertically
Distance to NC State – Central Campus ¼ Mile
Distance to NC State – West Campus – Adjacent to ¼ Mile
Distance to Research Triangle 8 Miles
¼ Mile off of I-440
Opportunity to Develop Vertically
Distance to NC State – Central Campus ¼ Mile
Distance to NC State – West Campus – Adjacent to ¼ Mile
Distance to Research Triangle 8 Miles
Property Facts
| Sale Type | Investment | Building Size | 138,985 SF |
| No. Units | 240 | Average Occupancy | 99% |
| Property Type | Multifamily | No. Stories | 11 |
| Property Subtype | Apartment | Year Built | 1986 |
| Apartment Style | Mid-Rise | Parking Ratio | 3.35/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 8.37 AC | ||
| Zoning | CX-12 | ||
| Sale Type | Investment |
| No. Units | 240 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 8.37 AC |
| Building Size | 138,985 SF |
| Average Occupancy | 99% |
| No. Stories | 11 |
| Year Built | 1986 |
| Parking Ratio | 3.35/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CX-12 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
Site Amenities
- Fitness Center
- Property Manager on Site
- Furnished Units Available
- Package Service
- Elevator
- Lounge
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 139 | - | 350 |
| 1+1 | 61 | - | 535 - 580 |
| 2+1 | 40 | - | 715 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $172,036 | |
| Land Assessment | $0 | Total Assessment | $172,036 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$172,036
Total Assessment
$172,036
1 of 57
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Westgrove Tower | 4700 Westgrove St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.