BLUE LEAF – 32 UNITS IN DURHAM, NC

Blue Leaf Apartments feature 32, one-bedroom apartments, located one mile from Duke University and Duke Hospital in Durham, N.C. Originally constructed in 1995, the owner completed a full renovation of 29 units between 2019 and 2020. These renovations boast stainless steel appliances, granite countertops, new plumbing fixtures, new electrical fixtures, updated flooring, and high-end finishes.

The offering presents investors the opportunity to acquire a well-located, stabilized, low-maintenance asset with income growth opportunities. By renovating the three classic units and raising all rents to market, the buyer can capture income upside of more than $20,000 annually.

Blue Leaf provides convenient access to major transportation corridors and multiple retail, entertainment, employment centers, world-renowned Duke University and Duke University Medical Center. The thriving economy of Durham and location appeals to a wide range of residents, contributing to the strong performance of the property and prospects for future income growth.

Video tour of unit B9  –  Video tour of unit C17