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Stillwater

Project Details

Stillwater at Southbridge is a 176 unit, garden style apartment community located in Onslow County, NC in the town of Sneads Ferry. The project was completed in 2013 and was sold to Hawthorne in 2022.

176

Multifamily Units

95%

Occupied

$20M

Project Budget

Project Stats

  • 176 multifamily units
  • 9-month lease up period to stabilization
  • Over 95% occupied since stabilization
  • 9-year hold – sold in 2022
  • Traditional garden style walk-up apartment community
  • Clubhouse with pool
  • Project Budget: $20M
  • HUD 221 (d)(4) construction to permanent financing

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