Seller Representative Griffin Associates REALTORS
Five-home new construction portfolio being sold as one package. Addresses included: (1) 2205 Tampa, (2) 2203 Tampa B, (3) 2203 Tampa A, (4) 2201 Tampa C, (5) 2201 Tampa B Priced below individual appraised value — five newly built rental homes available as one portfolio near Duke University and Downtown Durham. One home recently appraised at $490,000, while the full package is offered at $2,300,000, or approximately $460,000 per home. Two homes are currently leased at $2,400/month each, with the remaining homes available for long-term rental, short-term rental, or resale. Strong location for Duke-related rental demand, Downtown Durham access, and long-term appreciation. Rare opportunity to acquire multiple new-construction homes together with low maintenance and 1031 exchange appeal.
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