Capstone is pleased to present the Durant Towns, a 55-unit luxury build-for-rent infill townhome community currently under construction in Raleigh, North Carolina. The Durant Towns will allow buyers to capitalize on the 15% rent growth seen in the Raleigh MSA over the last 12 months once construction is complete. The Durant Towns is located within close proximity to all major employers, retail, and commercial services in Raleigh. The site sits along US-1/Capitol Blvd, giving future residents easy access to demand drivers and major thoroughfares across Raleigh-Durham. The Raleigh MSA has seen exponential growth over the last few years, with the Research Triangle Park leading the charge as the main economic driver in the market. Durant Towns presents an outstanding opportunity for future ownership to capture market share in one of the fastest growing submarkets in the United States.
- Class A Asset with Luxury Interior Finishes
- Build-For-Rent Townhome Surge with Strong Local Renter Support
- Centrally Located to Raleigh’s Urban Core
- Fast Growing MSA with Strong Market Fundamentals
- Strong Sponsor with Long Track Record of Successful Execution