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Riverbend Place Multifamily Property
New
For Sale
$3,799,999

201 Fieldcrest Place, Stanley, NC 28164

Established multifamily asset with 90% occupancy and positive lease trade-outs.

Property SizeContact for details
Days on Market2

Property Features for 201 Fieldcrest Place

General Information

Standard status Active
Property subtype Multifamily
Occupancy 90%

Building Details

Year Built 1981
Listing Agency:
Listed By: Alex Rossitch
Source: Alinecapital
Added: Aug 14 Changed: Aug 15 Last Checked: Aug 15 at 4:17AM

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 Alex Rossitch

Investment Insights

Based on property information with market context.

Riverbend Place is a multifamily property in Stanley, North Carolina, built in 1981. The asset is currently 90% occupied and has recorded positive lease trade-outs on recent new leases, indicating measurable leasing activity within the existing property operations.

The property is located at 201 Fieldcrest Place and includes an assumable Freddie Mac loan. Recent new leases reflect 4.43% trade-outs, providing a documented operating metric for the current leasing program.

Key Highlights

  • 90% occupied multifamily property
  • Built in 1981
  • 4.43% trade‑outs on recent new leases

Property Analytics

Current Use

KChase Real Estate Agency Riverbend Place Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Spa & Massage Center Kitchen & Bath Showroom

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

90%
Occupancy

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 28164, NC

14,903
Population
6,387
Households
2.3
Avg Household Size
45
Median Age
24%
College-Educated
91%
High-School Grad
41.0 sq mi
ZIP Area
363
Density / Sq Mi
$82,661
Median Household Income
$51,238
Median Earnings
$1,161
Median Rent
$268,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Established multifamily asset with 90% occupancy and positive lease trade-outs.
Where is this multifamily property located?
The property is located at 201 Fieldcrest Place Stanley, NC.
What is the asking price?
The asking price for this property is $3,799,999.
What are key features of this property?
This property features: 90% occupied multifamily property; Built in 1981; 4.43% trade‑outs on recent new leases
More about this property
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