Mordecai on Clover Townhomes

420 Clover LN Raleigh, North Carolina United States 27604
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A


Year Built 1960
Building Area
Occupancy 85.0 %

Property Description

1960's Vintage, 56-unit multifamily townhome community near CBD Raleigh

Investment Highlights

  • Jones Lang Lasalle, a North Carolina licensed real estate
  • broker (“JLL”), has been retained as the exclusive sales
  • representative for Mordecai on Clover Townhomes in
  • Downtown Raleigh, North Carolina. JLL is pleased to
  • present Mordecai on Clover Townhomes (“the Property”),
  • a 1968 vintage, 57-unit large unit townhome-style
  • multifamily community located in Downtown Raleigh’s
  • historic district. The Property is positioned just minutes
  • from Center City Raleigh, presenting investors with
  • a rare opportunity to gain an instant foothold in the
  • premier locales in one of the nation’s fastest-growing
  • markets. Mordecai on Clover features large 1,050 SF
  • units, well thought out floor plans, favorable parking,
  • and exceptional location. The only offering of its kind
  • presenting a clear value-add opportunity in one of the
  • nation's fastest-growing metropolitan areas. Mordecai
  • on Clover is a truly unique investment opportunity.
Last Updated Date: 15 Jul 2020
Jeff Glenn
Jeff Glenn
Managing Director, Capital Markets
License details
Allan Lynch
Allan Lynch
Senior Director, Capital Markets
License details

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Last Updated Date: 15 Jul 2020

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