Multifamily Apartment
For Sale
Contact for pricing
Pending
304 Mahaley Avenue, Salisbury, NC 28144
Westview Apartments is a 41-unit, three-building community with a majority of units renovated.
Property SizeContact for details
Lot Size2.60 Acres
Days on Market133
Property Features for 304 Mahaley Avenue
General Information
Standard status
Pending
Class
Class B
Lot size
2.60 Acres
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
41
Amenities
laundry facility
onsite office
security cameras
professional landscaping
Building Details
Tenancy
Multi
Listing Agency:
Waterstone Multi Family Group Charlotte
Listed By:
John Bergin · License #NC 366931
Source:
Crexi
Added: Apr 12
Changed: Aug 19
Last Checked: Aug 21 at 2:01PM
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 Waterstone Multi Family Group Charlotte
Investment Insights
Based on property information with market context.
Westview Apartments is a 41-unit class B apartment community in three separate buildings, constructed in the 1960s and situated on approximately 2.6 acres. The unit mix includes 1-bedroom, 2-bedroom, and 3-bedroom apartments. A major renovation program is underway, with 32 units fully rehabbed and only 3 units remaining.
The front two buildings feature updated interiors including hardwood flooring in those units, remodeled kitchens, repainted walls, and ceiling fans. Common areas have been refreshed with painted hallways, and the laundry facility has been rehabbed with free washers and dryers. A new onsite office was added, and security cameras were installed.
Exterior improvements include new roofs installed at the end of 2018, along with painting and professional landscaping across the property. The front two buildings have had all windows replaced, and the back building is scheduled to receive many new windows in early July.
The front two buildings feature updated interiors including hardwood flooring in those units, remodeled kitchens, repainted walls, and ceiling fans. Common areas have been refreshed with painted hallways, and the laundry facility has been rehabbed with free washers and dryers. A new onsite office was added, and security cameras were installed.
Exterior improvements include new roofs installed at the end of 2018, along with painting and professional landscaping across the property. The front two buildings have had all windows replaced, and the back building is scheduled to receive many new windows in early July.
Key Highlights
- 41‑unit class B apartment community in Salisbury, NC across three separate buildings on approx. 2.6 acres
- Unit mix includes 20 one‑bed, 13 two‑bed, and 8 three‑bed apartments
- Major renovation underway: 32 of 41 units have complete rehab; only 3 units left to be completed
Property Analytics
Property Profile
Current Use
Lease Details
41
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,100
Businesses Nearby
Explore this area
Business Placement
Demographics for 28144, NC
26,254
Population
12,655
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
89%
High-School Grad
30.1 sq mi
ZIP Area
872
Density / Sq Mi
$51,432
Median Household Income
$29,787
Median Earnings
$982
Median Rent
$205,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Westview Apartments is a 41-unit, three-building community with a majority of units renovated.
Where is this apartment building located?
The property is located at 304 Mahaley Avenue Salisbury, NC.
What are key features of this property?
This property features: 41‑unit class B apartment community in Salisbury, NC across three separate buildings on approx. 2.6 acres; Unit mix includes 20 one‑bed, 13 two‑bed, and 8 three‑bed apartments; Major renovation underway: 32 of 41 units have complete rehab; only 3 units left to be completed
