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12-Unit Multifamily Apartment Community
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315 Hall Lane, Pineville, NC 28134

Twelve-unit apartment community with all units occupied, offering a mix of one- and two-bedroom layouts.

Property Size9,250 SF
Price / SF$275.68
Days on Market62

Property Features for 315 Hall Lane

General Information

Standard status Active
Size 9,250 SF
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 12

Building Details

Year Built 1972
Tenancy Multi
Listing Agency: HRC Partners, LLC
Listed By: Ronny Chakra · License #322716
Source: Crexi
Added: May 30 Changed: Jul 10 Last Checked: Jul 29 at 5:07PM

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 HRC Partners, LLC

Investment Insights

Based on property information with market context.

This 12-unit multifamily apartment community is 100% occupied and consists of four two-bedroom units and eight one-bedroom units. The property has benefited from major capital improvements, and ownership has successfully increased rents on six of the units. The remaining six units are positioned for continued rent adjustments going forward.

Located in Pineville, North Carolina at 315 Hall Lane, the community is described as conveniently near Charlotte’s major employment centers, shopping, and transportation corridors. While the listing does not provide further site specifics, the unit mix and current occupancy provide a straightforward operational profile for an owner-operator or investor.

For buyers seeking a stabilized, occupied income property with an existing unit mix, this community may fit well. The fact pattern supports a two-part approach: rents have been increased on half of the units, while the other half represent the area where further rent growth is expected through future adjustments. Please do not disturb tenants.

Key Highlights

  • 12‑unit apartment community with all units occupied (100% occupied)
  • Unit mix: 4 two‑bedroom units and 8 one‑bedroom units
  • Year built: 1972

Property Analytics

Current Use

Karen Court Apartments Apartment Building

Suggested Use

Top Pick HVAC Service Dental Office Law Firm Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store

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

12
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

Demographics for 28134, NC

12,411
Population
5,299
Households
2.3
Avg Household Size
37
Median Age
45%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
1,495
Density / Sq Mi
$82,947
Median Household Income
$45,076
Median Earnings
$1,694
Median Rent
$336,200
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 - Twelve-unit apartment community with all units occupied, offering a mix of one- and two-bedroom layouts.
Where is this apartment building located?
The property is located at 315 Hall Lane Pineville, NC.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 12‑unit apartment community with all units occupied (100% occupied); Unit mix: 4 two‑bedroom units and 8 one‑bedroom units; Year built: 1972
More about this property
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