Extremely Rare Redevelopment Sites – Chamberlain St Raleigh, NC 27607
Market Price
115 Chamberlain Street, Raleigh, NC 27607
Highlights:
- 115 Chamberlain Street Raleigh, NC 27607
- 117 Chamberlain Street Raleigh, NC 27607
Description:
I am reaching out on behalf of our rental company, which has been managing properties since 1988. We are currently exploring potential partnerships with decision-makers regarding the development of prime redevelopment sites in the highly desirable University Park neighborhood, adjacent to the Village District and North Carolina State University.
Our primary focus is the properties located at 115 and 117 Chamberlain Street. We aim to transition these two aging single-family and transient structures into a modern, high-density multi-unit residential project. With the properties falling under the RX-3 (Residential Mixed Use) zoning, our strategy involves creating a consolidated multi-unit building tailored to meet the high demand for student housing near NCSU. We believe this project represents a significant opportunity to enhance the neighborhood while addressing the growing need for quality housing options for students and residents alike.
We have determined the most profitable development pathways for the following properties and would like to share these options with you:
115 Chamberlain Street, Raleigh, NC 27607 and 117 Chamberlain Street, Raleigh, NC 27607
- Zoning: RX-3
https://share.google/aimode/G0e1wKod96UJwqAsN
Any Identity or Agent (IA) that brings a qualified buyer to the table will be considered; however, the process will only move forward contingent upon the IA being able to provide services and/or compensation from the final developed property, barring extraordinary compelling circumstances.
All closings will be handled by Gene Davis Law, PLLC, located at 3739 National Drive, Suite 105, Raleigh, NC 27612. Their contact information is gene@genedavislaw.com or (919) 817-8070.
Thank you for taking the time to review these property offerings. We look forward to conversations with serious potential buyers. Please feel free to let us know if you would like to discuss these opportunities further or if there are any other considerations we should consider.
Sincerely,
Charles Denning
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Thank You,
WolfpackHousing
wolfpackhousing@gmail.com
(919) 480-1044 (Text/Phone)
Documents:
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Development_Plan__115-117_Chamberlain_St_-_Google_Search.pdf
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Location
Gallery