Fund IV

North Shore 2501

2501 Capability Drive
Raleigh, North Carolina

Opportunity

Located on North Carolina State University’s Centennial Campus, this 49-unit lakeside condo project is Seville Capital’s seventh investment with the same development team and is the second phase of LakeShore Raleigh. The project includes studios, one- and two-bedroom condos overlooking Lake Raleigh at prices below comparables in downtown Raleigh. Units are scheduled for delivery in winter 2026.

Equity Invested

$1.98 Million

Total Development Cost

$15.1 Million

Asset Class

Condominiums

Number of Units

49

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