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Two-Community Multifamily Portfolio
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503 W C St, Butner, NC 27509

Two apartment communities totaling 81 units offer consistent two-bedroom, two-bath layouts with small onsite offices.

Property SizeContact for details
Days on Market127

Property Features for 503 W C St

General Information

Standard status Active
Property subtype Multifamily

Units

Multifamily Units 81
Office Units 2

Building Details

Tenancy Multi
Listing Agency: Deaton Investment Real Estate
Listed By: Thomas Furlow · License #222598
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:43AM

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 Deaton Investment Real Estate

Investment Insights

Based on property information with market context.

This offering includes two well-maintained apartment communities totaling 81 units. Edgewood Crossing Apartments, built from 1998 to 2001, features six buildings with 49 units and an onsite office. Edgewood Bridge Apartments, built in 2004, includes four buildings with 32 units and a small office. At both properties, the units are identical two-bedroom, two-bathroom floorplans, with the exception of one unit at Edgewood Bridge where a bedroom is used for office space. A vacant 3.2-acre lot next to Edgewood Bridge at 704 W. B Street is included in the offering.

The properties are located two blocks from one another at 503 W. C Street and 704 W. B Street in Butner, North Carolina.

The portfolio provides a straightforward unit mix across both communities, supported by existing onsite office space.

Key Highlights

  • Two apartment communities totaling 81 units in Butner, NC: 503 W. C St and 704 W. B St, two blocks apart
  • Edgewood Crossing: built 1998–2001, six buildings with 49 units and an onsite office
  • Edgewood Bridge: built 2004, four buildings with 32 units and a small onsite office

Property Analytics

Current Use

Blessed Beauty (Bike/Boat/Book/etc) Store Edgewood Apartments Apartment Complex Ellis Huckaberry Apartments Apartment Building Ellis Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Catering Service

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

2
Office units
81
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 27509, NC

7,650
Population
1,482
Households
5.2
Avg Household Size
39
Median Age
12%
College-Educated
71%
High-School Grad
14.7 sq mi
ZIP Area
520
Density / Sq Mi
$70,886
Median Household Income
$22,782
Median Earnings
$1,177
Median Rent
$207,000
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 - Two apartment communities totaling 81 units offer consistent two-bedroom, two-bath layouts with small onsite offices.
Where is this apartment building located?
The property is located at 503 W C St Butner, NC.
What are key features of this property?
This property features: Two apartment communities totaling 81 units in Butner, NC: 503 W. C St and 704 W. B St, two blocks apart; Edgewood Crossing: built 1998–2001, six buildings with 49 units and an onsite office; Edgewood Bridge: built 2004, four buildings with 32 units and a small onsite office
(919) 412-3913 Call to check price and availability
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