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1007 Blackthorn Ln
Durham, NC 27703
Sherron Townes - 5-Unit New Construction · Multifamily Property For Sale
·
5 Units
Investment Highlights
- 5-Unit New Construction Townhome Asset
- Modern, Low-Maintenance Product with Strong Rental Demand
- High-Growth Durham Submarket (RTP/RDU Access)
Executive Summary
Sherron Townes presents the opportunity to acquire a newly constructed 5-unit townhome building in one of Durham’s fastest-growing corridors. The asset features modern townhomes designed with efficient, flexible floor plans and durable, marketable finishes suited for today’s renter and long-term hold strategies.
Each unit offers open-concept living, bright interiors, and thoughtful design elements that enhance livability, including built-in features, functional flex spaces, and select outdoor living components. The product is positioned to appeal to a broad tenant base seeking low-maintenance, well-located housing with contemporary design.
Located along Sherron Road, the property provides convenient access to Highway 70, Research Triangle Park (RTP), Raleigh-Durham International Airport, and the greater Triangle employment hubs. The surrounding area continues to experience significant residential growth and infrastructure investment, supporting strong rental demand and long-term appreciation potential.
Zoned Planned Development Residential (PDR), the site allows for higher-density residential use and a cohesive community layout. This offering provides investors the ability to acquire scale within an emerging submarket, with optionality for individual unit disposition or long-term rental hold.
Each unit offers open-concept living, bright interiors, and thoughtful design elements that enhance livability, including built-in features, functional flex spaces, and select outdoor living components. The product is positioned to appeal to a broad tenant base seeking low-maintenance, well-located housing with contemporary design.
Located along Sherron Road, the property provides convenient access to Highway 70, Research Triangle Park (RTP), Raleigh-Durham International Airport, and the greater Triangle employment hubs. The surrounding area continues to experience significant residential growth and infrastructure investment, supporting strong rental demand and long-term appreciation potential.
Zoned Planned Development Residential (PDR), the site allows for higher-density residential use and a cohesive community layout. This offering provides investors the ability to acquire scale within an emerging submarket, with optionality for individual unit disposition or long-term rental hold.
Property Facts
| Price Per Unit | $488,642 CAD | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | B |
| No. Units | 5 | Building Size | 11,500 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2026 |
| Zoning | PDR - Planned Deveopment Residential | ||
| Price Per Unit | $488,642 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Building Size | 11,500 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Zoning | PDR - Planned Deveopment Residential |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Double Vanities
- Kitchen
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Deck
- Dining Room
- Family Room
- Island Kitchen
- Linen Closet
- Patio
- Porch
- Large Bedrooms
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 5 | - | 2,300 |
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