Residences at Cary
Multifamily
Cary
SOURCED
Address 4657 Main Ave
Location Raleigh, NC
Size 202 units
Built 2022
Occupancy 92.5%
Ownership Family Office
Deal economics
Ask price $56.5M
NOI (annual) $2.5M
Cap rate 4.39%
LTM revenue $3.9M
LTM NOI $2.1M
Seller intent Cold
Top tenants
- Resident reside-183 · 283$4k base
- Resident reside-181 · 281$3k base
- Resident reside-179 · 279$3k base
- Resident reside-186 · 286$3k base
- Resident reside-196 · 296$3k base
DD findings
- No findings yet — try running the Doc Room Auditor.
202-unit garden-style community in Cary, Raleigh. Built 2022. Current occupancy 92.5%.