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Westgrove Tower 4700 Westgrove St 240 Unit Apartment Building For Sale Raleigh, NC 27606

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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

Westgrove Tower Investment Summary 12.19.25

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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CX-12