Tranquility at Northpark

Tranquility at Northpark

Wake Forest, NC
Available
  • Property Type: Development/Land
  • Property Size: / 12.70 Acres / 200 Sites

Overview

Capstone Land Sales is pleased to present the Tranquility at Northpark Senior Development Site, a ±12.70-acre, fully zoned senior development site located in the robust Wake Forest submarket of northeast Raleigh. Tranquility at Northpark is well positioned as a by-right, active adult or independent living community. The subject site is located amongst the best Class A retail that Wake Forest has to offer and is surrounded by multiple amenities geared towards the 55+ demographic. With direct access and visibility from US 1/Capitol Blvd and Hwy 98/Durham Rd (Wake Forest’s primary thoroughfares), strong senior housing market fundamentals, and the growing need for additional senior housing options, Tranquility at Northpark is poised for a highly successful, institutional-quality senior housing development. 

Investment Highlights

In-Place Multi-Family Zoning

Minimal Nearby Age-Restricted/Senior Housing Competition

Strong Senior Multi-Family Market Fundamentals

Surrounded by Amenities, Class-A Retail, and Healthcare

Highly Accessible to Major Thoroughfares & Downtown Raleigh

Contact Information

Eric Liebich Investment Sales Advisor P: 248.225.3706
O: 800.746.3175 ext. 730
eric@capstone-companies.com
Ron Corrao Director P: 757.749.6994
O: 800.746.3175 ext. 712
ron@capstone-companies.com
Caleb Troop Director P: 314.607.3481
O: 800.746.3175 ext. 725
caleb@capstone-companies.com
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