Download Offering Materials: Signal Hill Apartments
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
