Horton Woods Townhomes 3 Multifamily Properties Offered at $1,950,000 in Durham, NC

12-Unit Townhome Portfolio – Durham, NC
Investment opportunity in a growing Durham rental market. This offering includes three four-unit townhome buildings totaling 12 units, providing investors with immediate scale and strong tenant demand.
The portfolio is currently approximately 90% occupied, offering stable in-place income while still allowing for near-term leasing upside. Seven of the twelve units have been renovated, with the remaining units presenting an opportunity for investors to complete additional upgrades and increase rents over time.
The properties feature townhome-style layouts, a desirable format for tenants seeking multi-level living with added privacy compared to traditional apartment units.
Located in Durham, NC, the property benefits from proximity to Duke University, Duke University Hospital, Duke Regional Hospital, and major employment centers throughout the Research Triangle, all of which support consistent rental demand. The location also offers convenient access to I-85, NC-147, retail, dining, and transit.
This offering provides investors the opportunity to acquire 12 units across three buildings in a high-demand market, combining stable in-place income with value-add potential through continued renovations and strategic rent growth.
Investment Highlights