564 & 567 Dacian Road | Raleigh, NC 27610
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- LoopNet Team
564 & 567 Dacian Road
Raleigh, NC 27610
Dacian Road · Multifamily Property For Sale
·
16 Units
Investment Highlights
- PRICE JUST REDUCED on this renovated 16-unit multifamily asset inside the I-440 Beltline in Downtown Raleigh, North Carolina
- Lots of recent capital improvements including new roofs, new exterior staircases and landings, unit updates and more
- Situated in an extremely high-growth area only 2 miles from City Center, Downtown South and WakeMed Hospital
- Significant upside in rents based on 2021 Fair Market Rent for subsidized 2-BR units in Raleigh (current threshold is $1,200 per month)
- Quaint residential setting directly adjacent to Dacian Road Park, which includes a children's playground and immediate access to the Raleigh Greenway
Property Facts
| No. Units | 16 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 12,064 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1973/2020 |
| Zoning | R-10 - Residential | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 12,064 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2020 |
| Zoning | R-10 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 16 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,668,940 | |
| Land Assessment | $320,000 | Total Assessment | $1,988,940 |
Property Taxes
Parcel Numbers
Land Assessment
$320,000
Improvements Assessment
$1,668,940
Total Assessment
$1,988,940
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