Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Property Description

+/- 212 contiguous acres: Neuse River-adjacent residential and commercial opportunity in the sought-after North Raleigh area

Investment Highlights

  • Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp., a North
  • Carolina licensed real estate broker (“HFF”), has been retained as the exclusive sales
  • representative for Buffaloe Reserve (the “Property”), a +/- 212 gross acre residential
  • and commercial development opportunity in the fast-growing, highly sought-after North
  • Raleigh area of the Triangle region. The Property is a unique offering with approximately
  • 2,018’ of frontage along the Neuse River as well as 2,906’ of frontage along I-540 – and
  • is one of the largest undeveloped single-ownership parcels remaining in North Raleigh.
  • The immediate area has experienced significant single-family growth in the past several
  • years, with successful communities such as 5401 North ($300,000 to $600,000+
  • homes) and Belmont ($350,000 to $400,000+ homes) achieving strong pricing and
  • robust absorption. Additionally, there has been limited multifamily development in the
  • immediate area, while there is ample demand for more product.
Last Updated Date: 13 Jul 2020
Sarah Godwin
Sarah Godwin
Director, Capital Markets
License details
NC-270966 SC-108916
Hunter Barron
Hunter Barron
Senior Director, Capital Markets
License details
NC-259804 SC-96951

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Last Updated Date: 13 Jul 2020

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