Back to Search

Student Housing Apartment Community

756 E Haggard Avenue Elon, NC 27244

New

756 E Haggard Avenue, Elon, NC, 27244

Contact for pricing

For Sale

Contact for pricing

Four residential buildings offer 42 furnished four-bedroom, four-bath units with clubhouse, study space, and fitness center amenities.

Property Size56,490 SF

Price / SF$168.17

AddedJul 9

Days on Market7

Last RefreshJul 11 at 3:00 am

Property Features for 756 E Haggard Avenue

General Information

Standard status: Active
Size: 56,490 SF
Property subtype: Multifamily

Building Details

Year Built: 2004

Listing office TradeMark Properties

Listing date Jul 9, 2026

Source Crexi

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 TradeMark Properties

Investment Insights

Based on property information with market context.

The Crest at Elon is a purpose-built student housing community comprising four residential buildings with 42 apartment units. The units are configured as four-bedroom, four-bath residences and are described as having furnished bedrooms. Community amenities include a clubhouse, study space, and a fitness center. Developed in 2004, the property remains integrated into Elon University’s residential housing network through a third-party master lease arrangement.

Located at 756 E. Haggard Avenue in Elon, North Carolina, the community is positioned approximately 0.9 miles from campus. The setting supports pedestrian and bicycle connectivity, and it is served by the Elon Express shuttle, which is intended to reduce reliance on personal vehicles.

For buyers evaluating off-campus options, the property’s configuration and operating model are aligned with an institutional tenant base tied to recurring university leasing cycles.

Key Highlights

Purpose‑built student housing community built in 2004 with four residential buildings.
42 apartment units configured as furnished 4‑bedroom, 4‑bath residences.
About 0.9 miles from Elon University, with pedestrian, bicycle, and university shuttle connectivity.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$867.7k	$15.36
− Vacancy	−$52.1k	−$0.92
EGI	$815.6k	$14.44
− OpEx	−$367.0k	−$6.50
NOI	$448.6k	$7.94

56,490 SF · lease $15.36/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$6.41M

$5.61M – $7.48M (±1% cap)

NOI $448,594 @ 7.0% cap · market cap 4.72%

Second Best

—

no second resolved use

Theoretical Best

Office A

$18.62M

$16.30M – $21.73M (±1% cap)

NOI $1,303,719 @ 7.0% cap · market cap 13.72%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

For sale
Apartment buildings
NC
Elon
27244
756 E Haggard Avenue

What type of property is this?

Apartment building - Four residential buildings offer 42 furnished four-bedroom, four-bath units with clubhouse, study space, and fitness center amenities.

Where is this apartment building located?

The property is located at 756 E Haggard Avenue Elon, NC.

What is the asking price?

The asking price for this property is $9,500,000.

What are key features of this property?

This property features: Purpose‑built student housing community built in 2004 with four residential buildings.; 42 apartment units configured as furnished 4‑bedroom, 4‑bath residences.; About 0.9 miles from Elon University, with pedestrian, bicycle, and university shuttle connectivity.