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1013 Caldwell St 14 Unit Apartment Building $6,980,600 CAD ($498,614 CAD/Unit) Statesville, NC 28677



Executive Summary
Introducing The Winston Townes - a newly built 14-townhome investment opportunity in one of Statesville’s fastest growing locations, just 2 minutes from downtown. For savvy investors seeking substantial first-year tax advantages, this community offers a rare opportunity for potential bonus depreciation benefits estimated between $1,000,000 and $1,300,000 in year one (buyer to verify with there tax professional). Ideal for investors targeting: strong cash flow potential, new construction with lower maintenance, strategic growth market positioning and significant cost segregation / depreciation upside. Positioned in a prime location near downtown Statesville’s expanding retail, dining, and employment base, Winston Townes combines modern product with powerful tax strategy. Opportunities like this are rare. To be completed December 2026.
Property Facts
| Price | $6,980,600 CAD | Apartment Style | Townhome |
| Price Per Unit | $498,614 CAD | Lot Size | 0.97 AC |
| Sale Type | Investment | Construction Status | Under Construction |
| No. Units | 14 | Building Size | 24,500 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2026 |
| Zoning | R5MFM | ||
| Price | $6,980,600 CAD |
| Price Per Unit | $498,614 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Lot Size | 0.97 AC |
| Construction Status | Under Construction |
| Building Size | 24,500 SF |
| No. Stories | 2 |
| Year Built | 2026 |
| Zoning | R5MFM |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 14 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $138,658 CAD | |
| Land Assessment | $48,106 CAD | Total Assessment | $186,765 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$48,106 CAD
Improvements Assessment
$138,658 CAD
Total Assessment
$186,765 CAD
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10X Real Estate & Investments
1013 Caldwell St
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