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Description

Capstone Equity & Structured Finance is pleased to present a joint venture equity
opportunity to support the development of Union at Capital: a to-be-built,
195-unit, 3-story surface-parked community along Capital Boulevard US-401
(70,000+ VPD). This Class A community will feature modern interiors and
top-of-the-line amenities. Additionally, the site benefits from excellent
accessibility to the extensive retail centers and employment demand drivers in
the Raleigh area, highlighted by the Research Triangle Park (RTP) near Durham,
NC. RTP is 20-25 minutes from the site and employs approximately 55,000
individuals at over 300 businesses, with average salaries of $187k/year. Raleigh
and the Research Triangle region continue to be among the fastest-growing
metros in the nation. The premier accessibility, employment strength, and
multi-family fundamentals of the site provide many investment pillars for
potential joint venture partners to benefit from.

Investment Highlights:

Conveniently Located Site with Excellent Accessibility

Excellent Proximity to Class A Retail, Employment, & Recreation

Thriving Raleigh Multi-Family Market

Proximity to Other Nearby Developments

  • Address 3600 Lee Rd
  • City Raleigh
  • State/county North Carolina
  • Zip/Postal Code 27604

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