Crown and Church Portfolio 2 Multifamily Properties in Multiple Locations
INVESTMENT HIGHLIGHTS
- Comprehensive Portfolio: Includes 160 units across two properties—Church Street Apartments (64 units) and Crown at Steeplechase Apartments (96 units),
- Well-Maintained Units: Church Street Apartments, built in 2006, boasts excellent upkeep with no major deferred maintenance, ready for value-enhancing
- Value-Add Potential: Opportunities exist to capitalize on rising rental demand, enhance value through strategic upgrades, and achieve long-term apprec
- Modern Construction: Crown at Steeplechase was built in 2009, featuring spacious living spaces, upscale amenities, and low-rate assumable debt, provid
- Prime Locations: Both properties are situated in a high-demand area near major employers like Fort Liberty and Cape Fear Valley Health System, driving
- Thriving Market: Located in Hope Mills, NC, the properties benefit from convenient access to amenities and entertainment hubs in a dynamic and growing
EXECUTIVE SUMMARY
Sweetwater Capital proudly introduces the the Church and Crown portfolio for sale in Hope Mills, NC, comprising of 160 units
and two distinguished properties: Church Street Apartments and Crown at Steeplechase Apartments.
Crown at Steeplechase offers a prestigious collection of 96 units with low-rate assumable debt, spacious livingspaces and an
array of upscale amenities. With its construction in 2009, this community stands as a beacon of modern comfort, presenting
investors with the opportunity for immediate rental revenue growth and long-term value appreciation.
Church Street Apartments, comprising 64 units built in 2006 is well-maintained and with no major deferred maintenance items. Positioned amidst a bustlinglocale, Church Street Apartments holds
immense potential for investors to implement value-enhancinginitiatives and capitalize on rising demand.
Both properties benefit from proximity to major employers like Fort Liberty and Cape Fear Valley Health System, as well as convenient access to essential amenities and entertainment hubs.
With their strategic locations and promisinggrowth prospects, Crown at Steeplechase Apartments and Church Street Apartments offer investors an enticing opportunitiy to thrive in the dynamic real
estate market of Hope Mills, NC.
and two distinguished properties: Church Street Apartments and Crown at Steeplechase Apartments.
Crown at Steeplechase offers a prestigious collection of 96 units with low-rate assumable debt, spacious livingspaces and an
array of upscale amenities. With its construction in 2009, this community stands as a beacon of modern comfort, presenting
investors with the opportunity for immediate rental revenue growth and long-term value appreciation.
Church Street Apartments, comprising 64 units built in 2006 is well-maintained and with no major deferred maintenance items. Positioned amidst a bustlinglocale, Church Street Apartments holds
immense potential for investors to implement value-enhancinginitiatives and capitalize on rising demand.
Both properties benefit from proximity to major employers like Fort Liberty and Cape Fear Valley Health System, as well as convenient access to essential amenities and entertainment hubs.
With their strategic locations and promisinggrowth prospects, Crown at Steeplechase Apartments and Church Street Apartments offer investors an enticing opportunitiy to thrive in the dynamic real
estate market of Hope Mills, NC.
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PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 168,388 SF |
| Total Land Area | 13.30 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The Crown at Steeplechase
4240 High Stakes Cir, Parkton, NC 28371 |
Multifamily | 99,850 SF | 2008 | - |
|
Church Street Apartments
3717 Damien Dr, Hope Mills, NC 28348 |
Multifamily | 68,538 SF | 2006 | - |
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