0 Rosaline Way Wendell, NC 27591

This exceptional 21.33-acre parcel in Wendell, NC, presents a fully approved opportunity for a 396-unit multifamily development. Located in Wake County, near the intersection of Rosaline Wy and zip code 27591, this PUD-zoned land is shovel-ready, with all due diligence completed and transferring to the buyer. The project's approval includes 612 surface parking spaces and 98 enclosed garage spaces. This high-growth submarket boasts convenient access to major transportation arteries, including I-87/US 64 Highway (three miles away), providing easy commutes to Downtown Raleigh and I-540. The location benefits from proximity to established developments like Wendell Falls, Wendell Commerce Center, and Wake Tech's Eastern 4.0 Campus, ensuring strong demand and potential for high occupancy rates. This development represents a rare opportunity, as it will be one of only four multifamily communities in Wendell built after 2002. The property's strategic location and comprehensive approvals make it an ideal investment for experienced developers seeking a prime multifamily project in a thriving North Carolina market. The site is situated at latitude 35.79466742114642 and longitude -78.3745593004708.