SOLD 3/27/26 for $21,325,000
$118,472 per unit
DEATON was the sole broker and represented the buyer in this off-market transaction. Built in 2002, Walnut Ridge Apartments are located in Raleigh, N.C. with income restrictions expiring soon. The property features an attractive mix of two-, three- and four-bedroom units with an onsite office, clubhouse, and pool.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 96 | 2 BD/2 BA | 990 SF | $1,300 |
| 44 | 3 BD/2 BA | 1167 SF | $1,600 |
| 40 | 4 BD/3 BA | 1438 SF | $1,700 |