Apartment Community Under
For Sale
Contact for pricing
Pending
1903 Morningside Drive, Burlington, NC 27217
Established apartment community offering existing residences alongside additional units under construction.
Property SizeContact for details
Days on Market143
Property Features for 1903 Morningside Drive
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Blanq Real Estate
(704) 727-6202
Listed By:
Clifford Blanquicet Jr · License #NC 281011
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 1:07PM
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 Blanq Real Estate
Investment Insights
Based on property information with market context.
This apartment property combines an operating residential component with an active expansion. The existing community contains 142 units, with 91% physical occupancy and 98% of the homes pre-leased. An additional 90 units are currently under construction, creating a larger completed project upon delivery.
The property is located at 1903 Morningside Drive in Burlington, North Carolina. Current operations and ongoing construction provide a clear view of both the existing residential base and the units being added to the project.
The property is located at 1903 Morningside Drive in Burlington, North Carolina. Current operations and ongoing construction provide a clear view of both the existing residential base and the units being added to the project.
Key Highlights
- 142 existing apartment units
- 91% physically occupied
- 98% pre‑leased
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Explore this area
Business Placement
Demographics for 27217, NC
39,556
Population
16,392
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
82%
High-School Grad
123.2 sq mi
ZIP Area
321
Density / Sq Mi
$50,770
Median Household Income
$34,253
Median Earnings
$859
Median Rent
$164,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Established apartment community offering existing residences alongside additional units under construction.
Where is this apartment building located?
The property is located at 1903 Morningside Drive Burlington, NC.
What are key features of this property?
This property features: 142 existing apartment units; 91% physically occupied; 98% pre‑leased
