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138 Signal Hill Dr
Statesville, NC 28625
Signal Hill Apartments · Multifamily Property For Sale · 122 Units
PROPERTY FACTS
| No. Units | 122 | Building Size | 102,590 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1974/1990 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Lot Size | 8.83 AC |
| No. Units | 122 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 8.83 AC |
| Building Size | 102,590 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/1990 |
| Parking Ratio | 1.5/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Den
- Dining Room
- Porch
- Smoke Free
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
- Grill
- Pet Play Area
- Maintenance on site
- Sundeck
ABOUT 138 SIGNAL HILL DR , STATESVILLE, NC 28625
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. Current ownership prides itself on providing its residents with an excellent quality of life, which can be seen in the property's immaculate landscape, minimal deferred maintenance, and high-quality, on-site property manager. One of the major drivers of tenant demand at the subject site is its walkability to the Signal Hill Mall, fast casual restaurants, and a grocery-anchored retail corridor. Signal Hill is ideally situated for a value-add program, as surrounding rental competitors are achieving substantial rent premiums while Signal Hill has the best-in-market location and minimal deferred maintenance—including having replaced all roofs in March 2018.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | 475 |
| 1+1 | 40 | - | 640 - 680 |
| 2+1 | 60 | - | 900 - 1,015 |
| 3+2 | 12 | - | 1,325 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $11,400,250 | |
| Land Assessment | $1,055,460 | Total Assessment | $12,455,710 |
PROPERTY TAXES
ZONING
| Zoning Code | R5MF |
| R5MF |
