3712 Mineral Mill
Property Description
Mitchell Mill offers a rare opportunity to acquire a full 14-unit, new-construction townhome community in North Raleigh. Adjacent land may also be included for an amenity area, guest parking, or future expansion of up to four additional units. Leasing began in July, and three units are already leased through summer 2027 at $2,100, $2,195, and $2,295 per month, with additional inquiries continuing to come in. Each three-level townhome features three bedrooms, a flexible loft, open living areas, a private deck, second-floor laundry, generous storage, a spacious primary suite, and a one-car garage. Conveniently located near I-540, Mitchell Mill provides easy access to Downtown Raleigh, RTP, shopping, dining, and nearby greenways. With strong early leasing activity, new-construction quality, and expansion potential, the community presents a compelling investment opportunity.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $5,650,000 |
| No. of Units: | 14 |
| Year Built: | 2026 |
| Lot Size: | 28,224.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $403,571 |
| Property Website | Click Here |
| Number of Bedrooms: | 42 |
| Number of Bathrooms: | 53 |
ID: 3yd-TRIANGLE-10156846
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