SOLD 7/28/26 for $23,000,000
$169,117 per unit
DEATON represented the seller in this off-market transaction. Remington Place is a 136-unit multi-family community located in a highly sought-after Southwest Raleigh neighborhood. The property features spacious one- and two-bedroom layouts nestled within a quiet, wooded setting directly adjacent to Lake Johnson Park. This strategic location offers residents an exceptional balance of natural serenity and immediate access to North Carolina State University and downtown.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 42 | 1 BD / 1 BA | 870 SF | $1,200 AVG |
| 30 | 1 BD / 1 BA | 1,005 SF | $1,250 AVG |
| 40 | 2 BD / 2 BA | 1,254 SF | $1,400 AVG |
| 24 | 2 BD / 2 BA | 1,355 SF | $1,500 AVG |
| PIN | 0782790475 |
| Tax Value | 20,115,496 (adjusted 18,187,263) |
| Taxes | In tax abatement program |
| Lot Size | 13.75 |
| Year Built | 1985 |
| Legal Description | PROP J T HOBBY & SON INC TRA-1 |
| Sold Date | 2026-07-17 |
| Zoning | R10 |
Agent Information Michael Deaton