Signal Hill Apartments

Signal Hill Apartments

Statesville, NC
Available
  • Property Type: Apartments
  • Year Built : 1974
  • Property Size: 102,590 SF / 122 Units

Overview

Capstone Apartment Partners is pleased to present Signal Hill Apartments: a 122-unit garden- and townhome-style apartment community positioned in the best-in-market location in Statesville, NC, 40 minutes north of Charlotte, NC. Signal Hill’s prime location is walkable to significant retail, a wide variety of fast casual restaurants, and a grocery anchored retail corridor. Current ownership has done an excellent job of maintaining the property, including new roofs in 2018, resulting in minimal deferred maintenance. Signal Hill is ideally situated for a value-add program as surrounding rental competitors are achieving higher rent premiums despite Signal Hill's best-in-class location.

Investment Highlights

Best-in-Market Location with Walkable Retail

Demand Outpacing Supply—High Occupancies in Market

Market Supported Value-Add Program

Contact Information

Ron Corrao Director P: 757.749.6994
O: 800.746.3175 ext. 712
ron@capstone-companies.com
Alex McDermott Partner P: 704.533.4865
O: 800.746.3175 ext. 700
alex@capstone-companies.com
Rhodes Marley Investment Sales Advisor P: 704.840.5927
O: 800.746.3175 ext. 736
rhodes@capstone-companies.com
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