Address: 971 Marshburn Rd, Wendell, NC 27591, USA
Created date: May 15, 2024
Date last updated: July 12, 2024
- Fully approved, shovel ready 396-unit multifamily project
- High growth submarket with proximity to major transportation corridors, Downtown Raleigh, and nearby amenities
- Due diligence is complete and will convey with the sale
Property Description
Wendell Village is a 21.33-acre shovel ready multifamily development opportunity in Wendell, a suburb of Raleigh in eastern Wake County. The project is fully approved for 396 multifamily units and 612 surface parking spaces, which includes 98 enclosed garage parking spaces.
Due diligence is complete and conveys with the sale. This project is located in a high growth submarket close to major transportation corridors, Downtown Raleigh, and nearby amenities.
Notable developments includes Wendell Falls, Wendell Commerce Center, and Wake Tech’s new Eastern 4.0 Campus. The property is three miles from I-87/US 64 Hwy, providing easy access to Downtown Raleigh and I-540. Wendell Village will be one of only four multifamily communities in Wendell developed later than 2002.