2911 Boone Trl Raleigh, NC 27610
Property profile & analytics
2911 Boone Trl Raleigh, NC 27610
- Residential income homes
Property ID
US53-5023357
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Residential income homes
Property Details for 2911 Boone Trl
- Property type
- Residential income homes
- Property subtype
- Dormitories
Description
This exceptional investment opportunity presents a 16-unit multifamily property ideally situated at 2911 Boone Trail, Raleigh, NC 27610. The property, built in 2008, encompasses a 7,444 square foot building on a substantial 20,038 square foot lot. Currently configured as an apartment building, it also functions effectively as a single-family rental portfolio and is suitable for student housing. The property boasts 16 bedrooms across its units, offering a strong rental income potential. With a total asking price of $1,899,900, the price per unit comes to $118,743.75. The property features 15 parking spaces, providing ample parking for residents. Zoned R-10 and classified as Class C, this two-story building presents a compelling investment opportunity in a high-demand area. The surrounding 1-mile radius boasts a population of 6,975 and a median household income of $51,402, indicating a strong tenant pool and promising rental market. This property offers a solid foundation for immediate income generation and future appreciation, making it an attractive addition to any investment portfolio. The property's location in Raleigh, NC, provides access to a thriving local economy and a growing population, further enhancing its long-term investment prospects. This is a rare opportunity to acquire a well-maintained multifamily property in a desirable location at a competitive price.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6336086
- Latitude
- 35.7403017
