THE VILLAGE ON HILL STREET – 48 UNITS IN RALEIGH, NC
Deaton GREA is pleased to present, as the exclusive listing broker for the seller, The Village on Hill Street, a 48-unit property in Raleigh, N.C. The Village on Hill is located in close proximity to downtown Raleigh, WakeMed Raleigh Campus, Duke Raleigh Hospital and is adjacent to Hill Street Park. The accessible location off of I-440 and Capital Boulevard offers residents convenient access to multiple retail, educational, medical, and employment centers.
Built in 1995, the property features an attractive mix of sixteen, two-bedroom and 32, three-bedroom garden-style units. The offering offering represents an opportunity to acquire a property located in the core of Raleigh’s growing market, with value-add and operational upside.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 8 UNITS | 2 BD/1 BA - RENOVATED | 873 | $1,350 |
| 8 UNITS | 2 BD/1 BA- CLASSIC | 873 | $1,250 |
| 23 UNITS | 3 BD/2 BA - RENOVATED | 1,033 | $1,450 |
| 9 UNITS | 3 BD/2 BA - CLASSIC | 1,033 | $1,350 |
PROPERTY INFORMATION
| PIN | 1725210312 |
| Tax Value | $9,018,352 |
| Taxes | $85,674 - ESTIMATE FOR 2024 |
| Lot Size | 4.22 ACRES |
| Year Built | 1995 |
| Exterior | HARDBOARD |
| Floors | LVP, CARPET, VINYL |
| Foundation | SLAB |
| HVAC | CENTRAL AIR, HEAT PUMPS |
| Utilities | OWNER PAYS WATER AND TRASH |
| Legal Description | BOUNDARY SURVEY CARLEY-HINES INC TR1 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER/DRYER CONNECTIONS |
| Zoning | RX-3 |
Agent Information Thomas T Furlow
Location Map
THE VILLAGE ON HILL STREET – 48 UNITS IN RALEIGH, NC