29382944 Chapel Hill RD, Durham, NC 27707
29382944 Chapel Hill RD, Durham, NC 27707
29382944 Chapel Hill RD, Durham, NC 27707
29382944 Chapel Hill RD, Durham, NC 27707
29382944 Chapel Hill RD, Durham, NC 27707
29382944 Chapel Hill RD, Durham, NC 27707
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Kharmika Alston

Kharmika Alston

+1(919) 672-4905
Listed by Better Realty LLC
$ 4,300,000
Est. payment | /mo

18,504 SqFt

Save
$ 4,300,000
Est. payment | /mo
Save

18,504 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 18,504 sqft

Price per Sqft $232

MLS Listing ID 10195382

HOA Y/N No

Year Built 2026

Annual Tax Amount $37,759

Lot Size 0.642 Acres

Acres 0.64

Lot Dimensions 134x245x94x217

Property Sub-Type Multi Family

Source Doorify MLS

Land Area 18504

Property Description

Valley Heights presents a rare opportunity to acquire eight completed, new-construction residences in a single transaction at a portfolio basis below individual appraised value. Each residence has been independently appraised at $612,000, representing an aggregate appraised value of approximately $4.896 million across the eight-unit portfolio. Delivered vacant and completed in 2026, the offering gives an incoming investor significant flexibility from day one. Potential strategies include traditional long-term rentals, furnished mid-term or short-term accommodations where permitted, corporate housing, individual retail resale, or a hybrid strategy that monetizes units over time while retaining others for income. Each approximately 2,313-square-foot residence features four bedrooms and 4.5 bathrooms, including the particularly versatile feature of full-bath access for every bedroom. The homes were constructed and finished for the retail residential market rather than as conventional rental product, with Pella windows, Bosch stainless steel appliances, solid-wood soft-close cabinetry, oversized waterfall quartz islands, tiled walk-in showers, durable LVP flooring, and upper- and lower-level laundry areas. Located along Chapel Hill Road in Southwest Durham, Valley Heights provides convenient connectivity to Downtown Durham, Duke University, Chapel Hill, Research Triangle Park and the broader Triangle employment base.

Location

State NC

County Durham

Area 0.64

Interior

Fireplace No

Exterior

Garage No

Building

New Construction Yes

Others

Tax ID multiple: see private remarks

Acceptable Financing Cash, Conventional, VA Loan, Other

Listing Terms Cash, Conventional, VA Loan, Other

Doorify MLS
Nearby Locations
Kharmika Alston

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(919) 672-4905

kharmika@livelovedurham.com

600 Park Offices Drive, 350, Durham, North Carolina 27709, USA

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29382944 Chapel Hill RD