Student Housing Apartment
For Sale
Contact for pricing
107 Calloway Ct, Rocky Mount, NC 27804
New construction student housing with a master lease covering 16 of 22 units adjacent to NC Wesleyan University.
Property Size33,946 SF
Days on Market157
Property Features for 107 Calloway Ct
General Information
Standard status
Active
Size
33,946 SF
Class
A
Property subtype
Multifamily
Occupancy
100%
Investment Type
Stabilized
Additional Details
Multifamily Units
22
Building Details
Year Built
2022
Buildings
11
Stories
3
Units
22
Tenancy
Multi
Listing Agency:
JLL - Charlotte, North Carolina
Listed By:
Ben Bury · License #NC 284004
Source:
Crexi
Added: Apr 14
Changed: Sep 5
Last Checked: Sep 16 at 4:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Charlotte, North Carolina
Investment Insights
Based on property information with market context.
Villas at Wesleyan is a new construction student housing apartment building offering 22 units. The property is adjacent to North Carolina Wesleyan University and features a master lease in place for 16 of the units for another seven years.
Under the master lease, the University covers all costs except for taxes, insurance, and replacement of building systems.
The site is described as being on 336 acres. Additional stated nearby context includes Rocky Mount Mills, an adaptive reuse mixed-use project completed in 2019, and several openings since 2025.
Under the master lease, the University covers all costs except for taxes, insurance, and replacement of building systems.
The site is described as being on 336 acres. Additional stated nearby context includes Rocky Mount Mills, an adaptive reuse mixed-use project completed in 2019, and several openings since 2025.
Key Highlights
- New construction student housing built in 2022
- 22 total units with a master lease covering 16 units for another seven years
- Adjacent to North Carolina Wesleyan University (NCWU)
Property Analytics
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Current Use
Lease Details
22
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
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Business Placement
Demographics for 27804, NC
28,707
Population
14,352
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
89%
High-School Grad
43.0 sq mi
ZIP Area
668
Density / Sq Mi
$58,837
Median Household Income
$36,445
Median Earnings
$977
Median Rent
$177,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - New construction student housing with a master lease covering 16 of 22 units adjacent to NC Wesleyan University.
Where is this apartment building located?
The property is located at 107 Calloway Ct Rocky Mount, NC.
What are key features of this property?
This property features: New construction student housing built in 2022; 22 total units with a master lease covering 16 units for another seven years; Adjacent to North Carolina Wesleyan University (NCWU)
