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4820 Gossamer Ln - Durant Towns 2 Unit Apartment Building Offered at $680,000 Raleigh, NC 27616



INVESTMENT HIGHLIGHTS
- Two leased, new construction townhome-style condos.
- Up to eight additional units available.
- Community consists of 55 homes. Construction is complete.
- #101 leased at $2,249/mo, #102 leased at $2,270/mo.
- Convenient North Raleigh location.
EXECUTIVE SUMMARY
4820 Gossamer Ln, #101 & #102. Two fully leased units at the newly completed Durant Towns community in north Raleigh. Up to 8 additional units are available. Quality new construction in a highly desirable location for investment.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$54,228
|
$13.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$54,228
|
$13.90
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $54,228 |
| Annual Per SF | $13.90 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $54,228 |
| Annual Per SF | $13.90 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3.5 | 2 | - | 1,670 - 1,723 |
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4820 Gossamer Ln - Durant Towns
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