Map of Property

Westchester Apartments

Westchester Apartments, Garner, NC 27529

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 821 SF
  • Lot Size 15.11 SF
  • Year Built 1972
  • Date Updated Apr 15, 2025

160 Units With Significant Value-Add Upside In High Growth Raleigh, NC

Colliers is pleased to present Westchester Apartments, a 160-unit garden style community with immediate value-add upside in one of the fastest growing submarkets of Raleigh, NC. Situated close to the state capitol building and major employers in downtown Raleigh, Westchester offers new ownership the ability to quickly push top-line revenue through targeted unit interior revenue-generating renovations. All 160 units feature laminate countertops, oak cabinets, hardwood-style floors, and black appliances. Strategic upgrades such as modern white cabinets, higher-end laminate or granite countertops, backsplash, a tech package, and stainless steel appliances unlock over $275,000 in additional untapped annual revenue.

Well-maintained and offering a comprehensive amenity package, Westchester has a proven track record of consistent rent growth and stable occupancy, averaging 94% over the last 12 months. New ownership can leverage excellent organic rent growth (7% on new leases and 3% on renewals over the last 3 months), strong market rent growth (averaging 3.73% annually from 2026 to 2028), and substantial positive net migration in Raleigh to time value-add improvements and maximize renovation premiums. Positioned in an affluent submarket ($99,000 AAHI within a 5-mile radius), Westchester represents a perfect value-add opportunity.

94% Occupied (Historical Average Occupancy)

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Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Will Mathews
broker
Thomas Leachman
broker
Chad DeFoor

Location

Getting Around

  • Walk Score ®

    53/100 Somewhat Walkable

  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Garner, NC
  • Neighborhood Forest Hills
  • Zip Code 27529
  • Market Raleigh Durham

Points of Interest

  • Raleigh

    5.24 miles

  • Exxon

    0.68 miles

  • Lowe's Food Gas Station

    1.35 miles

  • Shell

    1.54 miles

  • Speedway

    1.73 miles

  • Marathon

    2.07 miles

  • Sheetz

    2.08 miles

  • Red Star

    2.13 miles

  • Murphy USA

    2.15 miles

  • PowerCharge

    5.18 miles

  • Nash Square Charging Station

    5.24 miles

  • Charter Square Parking Deck

    4.87 miles

  • Convention Center Underground Deck

    4.88 miles

  • City Center Parking Deck

    4.92 miles

  • Red Hat Tower Public Parking

    4.96 miles

  • Cabarrus Deck

    4.96 miles

  • City Market Lot

    5.01 miles

  • Blount Street Parking Deck

    5.03 miles

  • The Lincoln Parking Deck

    5.06 miles

  • E. Martin Lot

    5.07 miles

  • E. Hargett Lot

    5.10 miles

  • Hampton

    1.67 miles

  • Tru by Hilton

    1.76 miles

  • InTown Suites Extended Stay Garner

    1.84 miles

  • Best Western

    1.89 miles

  • Wingate by Wyndham Garner/Raleigh South

    1.89 miles

  • Econo Lodge

    1.98 miles

  • Days Inn by Wyndham Raleigh South

    2.11 miles

  • Budget Inn

    3.09 miles

  • Claremont Motel

    3.29 miles

  • Super 8 by Wyndham Raleigh Downtown

    3.46 miles

  • Oak City Pizza

    0.21 miles

  • El Dorado Mexican Food

    0.23 miles

  • Taste of China

    0.26 miles

  • Taqueria La Zacatecana

    0.27 miles

  • Arby's

    0.30 miles

  • La Roma Pizza

    0.31 miles

  • Subway

    0.32 miles

  • Hardee's

    0.55 miles

  • The Original Carolina Barbecue of Garner, Inc.

    0.58 miles

  • Domino's

    0.60 miles

  • Vandora Springs Elementary School

    0.57 miles

  • North Garner Middle School

    0.93 miles

  • Garner Magnet High School

    0.97 miles

  • Aversboro Elementary School

    1.12 miles

  • Creech Road Elementary School

    1.35 miles

  • Timber Drive Elementary School

    1.36 miles

  • North Carolina Highway Patrol Training and Driving Facility

    1.77 miles

  • Smith Elementary School

    1.89 miles

  • Garner Consolidated School

    1.96 miles

  • East Garner Elementary

    1.97 miles

  • Huckleberry's Friends

    0.67 miles

  • Childcare Network

    1.70 miles

  • Young Missionary Temple Day Care and Learning Center

    2.46 miles

  • Gethsemane Seventh Day Adventist Day Care Center

    2.82 miles

  • Word of God Christian Day Care Center

    3.19 miles

  • Abundant Life Child Care Center

    5.12 miles

  • Cornerstone Learning Center

    6.85 miles

  • The Goddard School

    7.78 miles

  • Kids 'R' Kids

    7.84 miles

  • Cleveland Child Care And Development Center

    8.07 miles

Frequently Asked Questions

How much does Westchester Apartments cost?

The sale price for Westchester Apartments is available upon request. Contact the listing broker for more information.

What is the total square footage of Westchester Apartments?

Westchester Apartments totals 821 square feet.

When was this property built?

Westchester Apartments was built in 1972.

Looking for more in-depth information on this property?

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Contact Westchester Apartments
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