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Multifamily

Riverbend Portfolio

201 Fieldcrest Pl, Stanley, NC 28164

Listing Price: $4,500,000

Cap Rate
6.26%
Number of Units
30
GRM
10.47
Occupancy
97.0%
Price/Unit
$150,000
Price/Gross SF
$172.61
Gross SF
26,070

Investment Overview

Marcus & Millichap is pleased to present the Riverbend Portfolio, a two-property multifamily opportunity totaling 30 units in Stanley, North Carolina. Ideally located just outside of Charlotte and Gastonia, the portfolio offers residents a balance of small-town living with direct access to two of the region’s largest employment, cultural, and entertainment hubs. Stanley’s walkable downtown, family-friendly amenities, and growing rental demand provide a strong foundation for both stable cash flow and long-term appreciation.

The Riverbend Portfolio benefits from its central location within Stanley, offering tenants convenient access to schools, parks, and daily needs while being just minutes from Interstate 85 and U.S. Highway 321. This connectivity allows for easy commutes throughout the Charlotte metro area, enhancing the appeal for working professionals and families alike. The properties’ positioning also places residents near major retail, dining, and recreational options across Gaston County.

With 30 units across two well-located assets, the Riverbend Portfolio presents investors with the opportunity to acquire immediate scale in a growing submarket of Charlotte. The combination of strong rental fundamentals, proximity to major employment drivers, and value-add upside through renovations makes this a rare chance to secure a foothold in one of the region’s most accessible and demand-driven multifamily markets.

Investment Highlights

  • Strategic Market Positioning: The portfolio's location in Stanley, NC, taps into the growing Charlotte metro area, driving tenant demand.
  • Assumable Debt: Opportunity to assume favorable existing financing, reducing upfront costs and enhancing returns.
  • Enhanced Connectivity: Proximity to Interstate 85 and U.S. Highway 321 ensures easy commutes to Charlotte and Gastonia.
  • Renovation Potential: Targeted unit upgrades present opportunities to increase rental income and property value.
  • Proximity to Local Amenities: Near Stanley's walkable downtown, schools, and parks, the properties appeal to diverse tenant needs.
  • Stable Income with Growth: Strong rental demand and Stanley's growth support consistent income and future appreciation.

Exclusively Listed By

Multifamily

Riverbend Portfolio

Listing Price: $4,500,000

Cap Rate
6.26%
Number of Units
30
GRM
10.47
Occupancy
97.0%
Price/Unit
$150,000
Price/Gross SF
$172.61
Gross SF
26,070

Investment Highlights

  • Strategic Market Positioning: The portfolio's location in Stanley, NC, taps into the growing Charlotte metro area, driving tenant demand.
  • Assumable Debt: Opportunity to assume favorable existing financing, reducing upfront costs and enhancing returns.
  • Enhanced Connectivity: Proximity to Interstate 85 and U.S. Highway 321 ensures easy commutes to Charlotte and Gastonia.
  • Renovation Potential: Targeted unit upgrades present opportunities to increase rental income and property value.
  • Proximity to Local Amenities: Near Stanley's walkable downtown, schools, and parks, the properties appeal to diverse tenant needs.
  • Stable Income with Growth: Strong rental demand and Stanley's growth support consistent income and future appreciation.

Investment Overview

Marcus & Millichap is pleased to present the Riverbend Portfolio, a two-property multifamily opportunity totaling 30 units in Stanley, North Carolina. Ideally located just outside of Charlotte and Gastonia, the portfolio offers residents a balance of small-town living with direct access to two of the region’s largest employment, cultural, and entertainment hubs. Stanley’s walkable downtown, family-friendly amenities, and growing rental demand provide a strong foundation for both stable cash flow and long-term appreciation. The Riverbend Portfolio benefits from its central location within Stanley, offering tenants convenient access to schools, parks, and daily needs while being just minutes from Interstate 85 and U.S. Highway 321. This connectivity allows for easy commutes throughout the Charlotte metro area, enhancing the appeal for working professionals and families alike. The properties’ positioning also places residents near major retail, dining, and recreational options across Gaston County. With 30 units across two well-located assets, the Riverbend Portfolio presents investors with the opportunity to acquire immediate scale in a growing submarket of Charlotte. The combination of strong rental fundamentals, proximity to major employment drivers, and value-add upside through renovations makes this a rare chance to secure a foothold in one of the region’s most accessible and demand-driven multifamily markets.

Exclusively Listed By

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