Investment Overview
Presenting a unique multifamily investment opportunity located at 8809 and 8813 Litchford Road in Raleigh, NC, a newly constructed co-living concept completed in 2023. This property is 100% OCCUPIED.
Demand for co-living has become quite strong in larger metropolitan areas and is now gaining momentum in the Raleigh market as renters seek flexible, affordable and move-in-ready housing. Rather than leasing each property to one household, the homes are leased by the bedroom. 18 Parking spaces available for tenants.
Litchford offers two duplexes (four traditional rental units) providing 16 individually rentable suites. Residents enjoy a private furnished bedroom, full bathroom, and walk-in closet with a secure keyed entry while sharing the fully furnished kitchen, living and laundry areas. All furnishings convey.
Investment Highlights
- Two Duplexes
- 8809 Litchford Road: ±3,648 SF
- 8813 Litchford Road: ±3,554 SF
- Built in 2023
- Fully Occupied
- High Demand. Desirable North Raleigh Location.
- Fully furnished. All furnishings convey.
- 18 Parking Spaces