Family Office Briefing on research byLee & Associates·Jan 28, 2025
2024 Q4 Raleigh, NC - Multifamily
Raleigh multifamily market shows strong demand with 7,945 units absorbed in Q4 2024 — family offices should consider co-GP opportunities with established operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 12.05% |
| Units Absorbed | 7,945units |
| Average Asking Rent | 1,525$/unit |
| Sales Price per Unit | 227,609$/unit |
| Cap Rate | 5.25% |
| Units Under Construction | 9,096units |
Metrics extracted from the source report and independently fact-checked. Method →
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