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Garden-Style Multifamily Apartment Community
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510 Quaker Creek Dr, Mebane, NC 27302

Built in 1999, this 240-unit garden-style apartment community offers value-add interior and exterior capital improvements.

Property SizeContact for details
Days on Market119

Property Features for 510 Quaker Creek Dr

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 240

Building Details

Year Built 1999
Tenancy Multi
Listing Agency: Capstone Apartment Partners
Listed By: Alex McDermott · License #GA
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Jul 21 at 5:52AM

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 Capstone Apartment Partners

Investment Insights

Based on property information with market context.

Fieldstone Apartments is a 240-unit, garden-style apartment community built in 1999. The property is positioned for value-add through targeted interior and exterior CapEx needs, with an in-place interior value-add program intended to be implemented and finalized by new ownership.

Fieldstone is located directly outside downtown Mebane in Alamance County, North Carolina. The community provides convenient access to major interstates, as it is located directly off I-85 and I-40.

The offering consists of a multifamily apartment community configured in a garden-style layout, suitable for investors seeking an actively managed property with defined capital improvement focus.

Key Highlights

  • 240‑unit garden‑style apartment community in Mebane, North Carolina
  • Built in 1999
  • Current ownership is focused on targeted interior and exterior CapEx needs

Property Analytics

Current Use

Fieldstone Apartment Homes Real Estate Agency

Suggested Use

Top Pick Law Firm Electrical Service Plumbing Service Barber Shop Garden Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

240
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 27302, NC

33,237
Population
14,997
Households
2.2
Avg Household Size
40
Median Age
34%
College-Educated
90%
High-School Grad
114.7 sq mi
ZIP Area
290
Density / Sq Mi
$81,875
Median Household Income
$45,502
Median Earnings
$1,130
Median Rent
$275,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1999, this 240-unit garden-style apartment community offers value-add interior and exterior capital improvements.
Where is this apartment building located?
The property is located at 510 Quaker Creek Dr Mebane, NC.
What are key features of this property?
This property features: 240‑unit garden‑style apartment community in Mebane, North Carolina; Built in 1999; Current ownership is focused on targeted interior and exterior CapEx needs
More about this property
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