Westside Manor Townhomes

Westside Manor Townhomes

Salisbury, NC
  • Property Type: Apartments
  • Year Built : 1970
  • Property Size: 56,000 SF / 64 Units


Capstone Apartment Partners is pleased to present Westside Manor Townhomes, a 64-unit, 1970s vintage townhome community in Salisbury, North Carolina. Westside Manor presents investors with a virtually untouched value-add opportunity that has rental upside supported by local competitors. The property is conveniently located off Statesville Blvd (US-70), which gives residents immediate access to all the major employers and Class A retail around Salisbury and the Charlotte MSA. Companies such as Sherwin Williams, Jet East, Jeld Wen, Doosan Bobcat, Macy’s and more, have recently made major job announcements in the area, thereby making the Salisbury submarket of the Charlotte MSA, and Westside Manor, even more desirable. The value-add opportunity that this community presents, paired with its minimal deferred maintenance and excellent location, presents new ownership a premier investment opportunity.

Investment Highlights

  • Well Positioned Asset Poised for Value-Add Program
  • Opportunity to Recapture Water & Sewer Expense
  • Proximity to Thousands of Jobs
  • Highly Accessible Location Proximate to Class A Retail 

Contact Information

Matt Weinstein Investment Sales Advisor P: 703.987.0236
O: 800.746.3175 ext. 7032
Dane Lozier Investment Sales Advisor P: 858.395.6900
O: 800.746.3175 ext. 7053
Ron Corrao Managing Director P: 757.749.6994
O: 800.746.3175 ext. 7012