1600 Poole Rd, Raleigh, NC 27610
Multifamily property near Downtown Raleigh with convenient city access.
- Added:
- Mar 20, 2026
- Days on Market:
- 102
- Last Refresh:
- Mar 21 at 8:46 pm
Property Features for 1600 Poole Rd
General Information
- Standard status
- Active
- Size
- 5,900 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1984
Listing office APG Advisors
Listing date Mar 20, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of APG Advisors
HighLights
- Located less than one mile from Downtown Raleigh.
- Convenient access to restaurants, retail, and cultural attractions.
- Proximity to major employment centers.
- Close to healthcare facilities.
- Near universities.
- Access to entertainment districts.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.8k | $19.80 |
| − Vacancy | −$5.6k | −$0.95 |
| EGI | $111.2k | $18.85 |
| − OpEx | −$50.0k | −$8.48 |
| NOI | $61.2k | $10.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6159551
- Latitude
- 35.7779769
