North Shore Townhomes

1200 Capability Drive

Raleigh, North Carolina

Equity Invested: $1.0 Million

Opportunity

Located on North Carolina State University’s Centennial Campus three miles southwest of Raleigh's central business district, this 21-unit lakeside townhome project is Seville Capital’s fifth investment with the same development team and is located adjacent to another Seville Capital project. The project includes two- and three-bedroom townhomes, and units are scheduled for delivery in spring 2024.

Total Development Cost

$7.3 Million

Fund

IV

Asset Class

Townhome

Number of Units

21