6701 & 6721 Rock Quarry Rd

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6701 & 6721 Rock Quarry Rd

Raleigh, NC 27610
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B

What's Special

6701 and 6721 Rock Quarry Road are located in the southeastern submarket of Raleigh, North Carolina. The surrounding neighborhood is primarily residential, characterized by a mix of single-family homes and established apartment communities. Residents have convenient access to local retail centers, including the Shoppes at Battle Bridge, and are within close proximity to several public parks and schools. The property is positioned near the I-40 and I-540 interchange, providing direct transportation links to downtown Raleigh, the Research Triangle Park, and the broader metropolitan area. The site is suited for multifamily development or the operation of existing residential structures, depending on current zoning and density allowances. An asset at this location typically attracts a tenant profile consisting of workforce professionals and families seeking a suburban setting with manageable commute times to major employment hubs. The property’s placement caters to demand for mid-range housing options within a growing corridor of Wake County.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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