Sold Out at Oak City Overlook
Chappell is thrilled to announce its Oak City Overlook development on the Eastern gateway of Downtown Raleigh has achieved a sell-out in roughly six months. The development, created in partnership with Verde Homes, not only exceeded expectations in terms of design and demand but inspired its sister development, Oak City Vista, coming soon to 908 New Bern Ave.
The community featured twenty modern townhomes along the Eastern Gateway of Downtown Raleigh that all sold in their pre-sale period. These homes, located at 801 New Bern Ave, boast unique access to Olde East, Moore Square Park, Historic City Market, and Fayetteville Street. While the locale was a huge differentiator for this development in the quickly developing Downtown market, the functional layouts and rooftops with a skyline view attracted buyers instantly.
PROJECT TIMELINE
January 2021 // Oak City Overlook + Presale Begins. Verde Homes begins construction in Downtown Raleigh.
March 2021 // Sold out of nearly half of the modern townhomes.
May 2021 // Construction at Oak City Overlook goes vertical, and these townhomes begin to take shape.
June 2021 // The final home is pre-sold. Oak City Vista is Announced.
“Twenty townhomes in just under six months is no small feat, and we’re thrilled to be welcoming home so many families to New Bern soon.”
“Oak City Overlook is contemporary, connected, and we discovered – a coveted Downtown community,” said Johnny Chappell, Broker at Chappell. “Twenty townhomes pre-sold in roughly six months is no small feat, and we’re thrilled to be welcoming so many families home to New Bern Avenue. We have several other projects coming along in Downtown Raleigh, including this project’s sister development, Oak City Vista a few blocks away. We’re proud to continue contributing to our ever-expanding city!”
Due to the overwhelming success of Oak City Overlook, Chappell is proud to announce a sister development coming to Downtown Raleigh. Oak City Vista, a modern townhome community coming soon to 908 New Bern Ave, evokes the same contemporary styling and design blocks from Oak City Overlook and Downtown. To learn more about the 18 townhomes of Oak City Vista, visit OakCityVista.com.
Charlotte-based general contractor Verde Homes has handled construction. Chappell handled all sales and reroute handled all marketing efforts. For more information on Oak City Overlook, visit OakCityOverlook.com or contact 919.670.0022. For details on future projects or new neighborhoods in the Triangle area, visit ChappellRes.com/Builders. To see the latest on Oak City Vista, explore OakCityVista.com.
// #ChooseChappell x #LiveOakCityOverlook