SOLD 12/30/25 for $23,000,000
$185,484 per unit
Deaton was the sole broker and represented the seller in this off-market transaction. Built in 2013, Magnolia House Apartments are located about 10 minutes south of downtown Raleigh, N.C. The property features all two-bedroom units in two-story buildings with an onsite office, clubhouse, and pool.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 62 | 2 BD/2 BA | 1,076 SF | $1,200 - $1,400 |
| 62 | 2 BD/2 BA | 1,153 SF | $1,300 - $1,500 |