3605 Burt Drive
Description of 3605 Burt Drive, Raleigh, NC 27606
Evans Place Burt, a purpose-built student housing asset at North Carolina State University in Raleigh, North Carolina. The Property consists of three duplex-style buildings totaling six luxury townhome units and 24 student beds, purposefully designed for the modern student renter with spacious four-bedroom / four-and-a-half-bath floor plans, high-end interior finishes, private bathrooms for each bedroom, and large outdoor living areas. Built in 2020, the Property offers investors a highly efficient, low-maintenance asset with durable construction, strong in-place cash flow, and proven leasing performance. Evans Place Burt is currently 96% pre-leased for the 2026-2027 academic year at average rents of $1,113 per bed.
Property Details
- MLS #10171367
- Price$3.45M
- StatusActive
- Square Footage13,800
- Bedrooms24
- Bathrooms30
- Acres0.21
- Year Built2020
- Property TypeResidential Income
- Property Sub TypeDuplex
- Days on Site6
- CountyWake
- SubdivisionNot in a Subdivision
- CityRaleigh
- StateNC
- ZIP Code27606
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Location of 3605 Burt Drive, Raleigh, NC 27606
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