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201 Fieldcrest Pl
Stanley, NC 28164
Multifamily For Sale · Multifamily Property For Sale
Property Facts
| Price | Not Individually For Sale | Building Class | B |
| Property Type | Multifamily | Lot Size | 2.16 AC |
| Property Subtype | Apartment | Parking Ratio | 3.9/1,000 SF |
| Price | Not Individually For Sale |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 2.16 AC |
| Parking Ratio | 3.9/1,000 SF |
Executive Summary
Riverbend Place consists of 30 townhouse-style units on two parcels located just over a half
mile apart, with direct access parking to individual entrances, backyard space, patio or porch,
and individual storage areas. Units feature all two bedrooms with spacious living rooms, fully
equipped kitchens, and washer & dryer connections. Current owners have proven a strong
interior value-add play having renovated six (6) units achieving a rent premium of nearly $150
over classic units. Between classic and lightly renovated units completed by a previous
owner, 24 units remain to be renovated with the ability to push rents substantially
mile apart, with direct access parking to individual entrances, backyard space, patio or porch,
and individual storage areas. Units feature all two bedrooms with spacious living rooms, fully
equipped kitchens, and washer & dryer connections. Current owners have proven a strong
interior value-add play having renovated six (6) units achieving a rent premium of nearly $150
over classic units. Between classic and lightly renovated units completed by a previous
owner, 24 units remain to be renovated with the ability to push rents substantially
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