Abberly Green Apartments

117 Abberly Green Boulevard, Mooresville, NC 28117
Call: 844-379-4792 Email UsAbberlyGreen.PropertySite.HHHunt@aptleasing.info View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

Apartments Mooresville NC Blog

Moving To and Living In Metro Charlotte, NC

Joseph Coupal - Wednesday, August 23, 2017

Abberly Green, Mooresville, NCCharlotte is a charming, prosperous city that’s full of hospitality. Are you thinking of moving to the Charlotte area?

Living In and Around the Charlotte Area

Charlotte is undeniably one of the fastest-growing regions in the US.Many people are flocking to the Charlotte Metro for its booming economy, low cost of living, top education and cultural attractions. It’s Charlotte’s keen ability to balance the energy of a big-city while still having that classic Southern comfort sets it apart.

What’s the Cost of Living in Charlotte Area?

When moving to Charlotte, you can look forward to lower taxes, affordable housing and higher salaries. The median rent is around $800. North Carolina has the highest flat income tax rate out of the eight U.S. states that have this income tax system. However, its property taxes are some of the lowest in the nation. The quality education system, public, private and charter schools, also add great value to living in Charlotte. The thriving job market is great at reassuring the region’s economic well-being. The abundance of things to do at an affordable cost of living make moving to the Charlotte metropolitan area very appealing.

Living in the Charlotte Metro Area

People living in the Charlotte Metro area enjoy a mild climate that still includes four seasons. Winters rarely dip below freezing and summers are warm. The mountains and beach are conveniently located in the region, making recreational activities easily accessible. When moving to Charlotte, you’ll notice a small-town charm, think – mom ‘n’ pop shops and backyard barbeques. This neighborhood- friendly community is what draws in many. Commuting around Charlotte is convenient thanks to the expanding LYNX light rail system and bike-sharing options.

Jobs & Employment in the Charlotte Metro Area

Those moving to Charlotte will experience a delightfully booming economy. It’s ranked as a top metropolitan predicted to grow, thanks to an influx of new businesses in the area. Charlotte is headquarters for more banks than any city outside of New York. There’s also a diverse market for commercial and industrial sectors. Forbes recognizes Charlotte as one of the best places to have a business and grow your career. The unemployment rate here is lower than the U.S. average, and future job growth is projected to rise 38% from 2016-2026.

About Mooresville, NC

The city of Mooresville is about 30 miles north of Charlotte and has a lot to offer its residents. It sits on the shores of Lake Norman where residents go for year-round recreation, paddle boarding, boating and fishing. Mooresville is referred to as “Race City USA” because it’s home to many of NASCAR’s most prominent teams and auto museums. The area is filled with fun things to do. It has many golf courses, spas, wine bars and restaurants.

For more information on apartments in Mooresville, NC contact Abberly Green.

#HowYouLive

forrent.com


In North Carolina You Can Retire like a Vanderbilt for Less Money

Joseph Coupal - Wednesday, August 16, 2017

Abberly Green Apartments in Mooresville, NCBack in 1895, the breathtaking Blue Ridge Mountains, a comfortable climate and low land prices inspired the Vanderbilts to buy up 125,000 acres of North Carolina wilderness and build the Biltmore House, the largest estate in the U.S. The same factors that attracted this wealthy family continue to make North Carolina popular among retirees and second-home buyers today.

But the Tar Heel State offers a little bit of everything, geographically and culturally. Retirees who prefer to live by the sea can find 300 miles of barrier island beaches, two national seashores and idyllic villages in the state’s eastern region.

North Carolina also has some great college towns, including Chapel Hill, Davidson, and Durham. And dynamic city living can be found in fast-growing Charlotte, which has been undergoing a restaurant renaissance, and the Raleigh-Durham-Chapel Hill-Cary vicinity, dubbed the “Research Triangle” due to its high density of high tech companies.

For anyone on a fixed budget, living costs in North Carolina can be fairly friendly. Overall, the state is 3.7% cheaper than the national average. State income taxes are also to 5.8% flat tax.

For more information on retiring in apartments in Mooresville, NC contact Abberly Green.

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marketwatch.com


Even Though Rates Are Low, Houses Are Not Affordable

Joseph Coupal - Thursday, August 10, 2017

Auston Woods, Mooresville, NCThis past week we were treated to slowing existing home sales with the reason being "Closings were down in most of the country last month because interested buyers are being tripped up by supply that remains stuck at a meager level and price growth that's straining their budget". Yes, homes for sale inventories are historically low, but the real issue is that home price growth and property taxes (based on your purchase price) makes buying a home unaffordable.

Even with historically low mortgage rates, the mortgage is only one component of home buying. Owners must:

  • pay closing costs
  • buy insurance
  • pay property taxes
  • maintain property (usually owners also modify home to meet their desires - renters do not)

Property taxes are a big deal. In most parts of the country, the longer you stay in your home - the property taxes remain moderate. But go out and buy a new home, and you will get a surprise with the increase in property taxes (even if you buy your new home for the same price you sold your previous one).

For first time buyers, not only are they surprised with the insurance and property taxes cost - but now they are faced with the time and expense of maintaining the property.

In 1972 Although interest rates were high, the home prices were about 2 times gross income. Closing costs were around $99. The median family today has income around $50,000 which would put the purchase price a little over $100,000 if the 1972 conditions could be teleported to 2017. Do yah think the home ownership rate would skyrocket if $100,000 homes were available in 2017?

The home price / income ratio constrains more than half of the population from home ownership. The Federal Reserve’s Board of Governors recently released a report showing that, if confronted with an unanticipated $400 expense, nearly half (44 percent) of Americans would have to sell something, borrow or simply not pay at all. There goes the possibility of down payment and closing costs to buy a home.

What happened since 1972? The cost of a home has gone up 10 times. Construction material costs have gone up 5 times - but so has family income gone up 5 times. Construction labor has gone up 5 times. Property taxes have gone up 5 times. That leaves the cost of land and development as the bogeyman.

Home ownership is likely now out of reach for over half the population. And many who could afford housing do not want the headaches or the expense.

For more information on apartments in Mooresville, NC contact Abberly Green.

#HowYouLive

econintersect.com


Dog Friendly Fun Around Mooresville, NC

Joseph Coupal - Tuesday, August 01, 2017

Abberly Green, Mooresville, NCNo one knows better than those who live in pet-friendly apartments in Mooresville, NC that this city is known for being an especially dog-friendly place. In fact, it’s not uncommon to find yourself winding through the crowd in a brewery, clutching a beer and staring at the floor to make sure you’re not about to trip over someone’s beloved four-legged friend, or to peruse the racks at Neiman Marcus alongside a cultured pup. If you’re looking to get out and about with your dog, here’s where to go.

Play Dates

However you prefer to spend your weekends, Charlotte features plenty of options for you and a furry friend. Seeking thrills at the U.S. National Whitewater Center? Take your leashed dog with you to one of the many scenic trails. Never knew you could bring a dog to a gallery? Twenty-Two, the funky gallery nestled beneath Soul Gastrolounge in Plaza Midwood, welcomes pets and their artistic owners. When it’s caffeine you crave, bring your pup along for a pit stop at Smelly Cat Coffeehouse in NoDa. And when the two of you need to get some exercise, spend a day at one of the city’s many parks or Crowders Mountain State Park. McDowell Nature Center and Preserve features nine trails for you to enjoy.

Take advantage of a photo op on top of Crowders Mountain.

If sitting outside on a patio enjoying your favorite local cold one is your thing, you’re in luck. Many of the area’s breweries and bars are known for welcoming dogs in their outdoor spaces. Among the list of watering holes where you can bring your dog are Sycamore Brewing, Triple C Brewing Co., Angry Ale’s, NoDa Brewing Company, Brazwell’s Premium Pub, The Olde Mecklenburg Brewery and Birdsong Brewing Co., among others. The Dog Bar in NoDa and Lucky Dog Bark & Brew, with locations in Cornelius and Charlotte, are popular spots specifically designed for craft brew lovers to sip and socialize with dogs in tow. Down the street from Lucky Dog’s Charlotte location, the two of you can enjoy a bone and a bite at Pinky’s Westside Grill. If you enjoy serenading your best friend, head to the ultra pup-friendly Hattie’s Tap & Tavern for Thursday night karaoke.

The Dog Bar

Even our sports franchises are dog-friendly, as the Charlotte Checkers and Charlotte Knights both feature at least one game per season where pups are welcome to tag along as you root for the home teams.

Meetups, facilitated locally through meetup.com, are a great way to build friendships with fellow dog-minded residents. Check out groups like the Dogs and Drinks meetup.

Pup Hubs

After a day of activities, your dog deserves a trip to Canine Café. The store features an on-site, dog-friendly bakery as well as all-natural dog food and pet supplies. When your pup’s special day rolls around, Canine Café will customize a cake, right down to a fire hydrant design, just for the occasion.

When work or vacations call you away, you want to make sure your dog is well cared for. Thanks to Charlotte’s luxe lodging options, like Pet Paradise, he or she will probably consider it a spa vacation. Live webcams even make it possible for protective owners to check in on their beloved pups at any time, guaranteeing peace of mind. For overnight stays or simply a little extra exercise while you’re away during the day, drop your dog off at Club Fetch in South End. Play areas are selected based on your pooch’s energy level and personality, so he or she will always feel right at home.

Play a game of fetch at local area parks.

If you’re tagging along on your pup’s playdates but want to give him or her room to run, a trip to Davie Dog Park at William R. Davie District Park will do the trick. It’s home to a 5-acre, fenced-in area where dogs can run and play off leash. Separate areas for both large and small dogs means everyone can safely enjoy the experience. Another popular spot for dogs of all sizes is Frazier Park, a 12-acre urban park located in Third Ward. Charlotte is also home to more than two dozen disc golf courses, each filled with plenty of trails for your best bud to explore.

For information on pet-friendly apartments in Mooresville, NC contact Abberly Green.

#HowYouLive

charlottesgotablog.com


Renting is Cheaper in Mooresville, NC

Joseph Coupal - Tuesday, July 25, 2017

Abberly Green, Mooresville, NCTraditionally, owning a home is touted as a smarter financial move than renting one. But with demand increasing and the supply of houses for sale falling, home prices have been rising nationally, according to real estate marketplace Zillow. So, you might be wondering: Is it better to rent or buy a home?

To find out where it makes more sense to rent or buy a home, GOBankingRates surveyed the cost of renting versus owning a home in all 50 states and the District of Columbia. Since conducting a similar survey in 2016, we found that the number of places where it’s more expensive to own than rent has increased from nine to 11 — this includes a few states where the price difference is minimal.

For this year's study, we looked at the estimated rent price for all homes listed on Zillow. We also calculated the estimated monthly mortgage to own a home in each state, based on the median list price of homes listed on Zillow, a 20 percent down payment and a 30-year fixed-rate loan.

8. North Carolina

Buying vs. Renting a Home in North Carolina

  • Monthly rent in North Carolina: $1,157
  • Monthly mortgage in North Carolina: $1,233
  • Should you rent or buy: Rent

In 2016, it was more expensive to rent than own a home in North Carolina. But now, it costs $76 more to own than rent, likely due to a sharp rise in home prices. The median home list price jumped from $226,750 in May 2016 to $249,000 in May 2017, according to Zillow data.

For more information on apartments in Charlotte, NC, contact Auston Woods.

#HowYouLive

gobankingrates.com


Can Renters Afford to Live in and Around Charlotte, NC?

Joseph Coupal - Wednesday, July 19, 2017

Abberly Green, Mooresville, NCWhat's the cost of living in Charlotte for renters?

Looking to move to the Charlotte, NC area? Cost-of-living estimates make this one of the cheaper cities you can live in in the U.S.

While other cities in the South like Raleigh, Knoxville, and Dallas are around the same if not similar price ranges, prices in Charlotte are dwarfed by most major metropolises. For instance, it’s 42 percent cheaper to live in Charlotte than in San Francisco. Depending on where you’re coming from, you can save a fortune on rent alone.

So what is the cost of living in Charlotte, North Carolina?

The cost of living in Charlotte, NC, is 5 percent lower than the national average.

A great local economy has made Charlotte area a very good deal. Major companies in the industries of finance, motor sports, and energy are coming in and the recent economic boom has meant fast growth for the area; however, and prices are likely to rise. Right now, it’s the 14th best city for business and careers and one of the top U.S. financial cities. Your new friends in the area will likely be working for "the big three": Bank of America, Wells Fargo, or Red Ventures.

What are the monthly expenses typically like?

Here’s a simple breakdown of the cost of living in Charlotte, NC, that locals typically pay:

  • About $1,019 for Housing: Rent is largely reasonable in Charlotte, NC. Housing in general is about 15 percent lower in price than the national average.
  • About $391 for Transportation: This is the main downside of living in Charlotte: Cost-of-living estimates will be dependent on fluctuating gas prices, as it is very difficult to live in the city with no car. Although there are plenty of parks and green spaces where you can get fresh air, Charlotte is hardly a walkable city at all, and the fairly good public transportation systems are rarely used. Gas in the area typically hovers around $2 per gallon, and an express monthly pass with the local transit system is $121 per month. According to the Living Wage Index, locals will need to spend $391.41 per month on transportation.
  • About $252 for Food: This is another odd thing about the city: There are farms, farms everywhere, but not a lot of farmers’ markets! That’s quickly changing, though. The Living Wage Index estimates that $251.83 will be spent on food and groceries for residents each month. Note that those hoping to go out will likely be paying higher rates because of the local Prepared Food and Beverage Tax.
  • About $39.99 for Internet Access: The two main Internet providers here are Time Warner Cable and AT&T, and the average price for Internet-only service is $39.99 per month.
  • About $100 for Utilities: This is a rare instance where good weather translates to a good cost of living. In Charlotte, NC, you’ll pay affordable amounts for utilities, rarely going above $100 per month. Usually, the energy bills are between $50 and $75 per month, and a water bill is under $25. Note that this is the only category where Charlotte’s prices go above the national average, by about 8 percent.

That adds up to an average of $1801.99 per month for someone looking to live alone in a one-bedroom apartment.

Is it possible to find an affordable apartment?

Compared to most major cities that a rental agent would work in, it’s very easy to find affordable rent in Charlotte, North Carolina. Cost-of-living numbers and great job outlooks make this increasingly an area that appeals to professionals and young families. For more information on apartments near Charlotte, NC, in Mooresville, NC contact Abberly Green.

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jumpshell.com


Reasons to Rent

Joseph Coupal - Friday, July 14, 2017

Abberly Green, Mooresville, NCBuying a home is part of the American Dream, but that doesn't necessarily mean it's the best choice for you.

For decades, the conventional wisdom has been that buying a house makes much better financial sense than renting one. After all, you'll have to spend a large chunk of your income on housing either way, so doesn't it make more sense to invest that money in something you'll eventually own, rather than simply forking cash over to someone else?

However, a number of factors can make renting a much wiser financial decision than buying. Here are four good reasons why it may be smarter for you to rent instead of buy.

1. You're not staying in the home very long

The sooner you intend to move, the less sense it makes to buy.

If you plan to stay put for less than two years, then buying a house would be a poor investment. In such a sort amount of time, the home likely wouldn't gain enough value to make up for the costs of buying and selling it, like realtor commissions, closing fees, moving expenses, and so on. And don't forget that buying or selling a house is a huge hassle compared to switching from one rental to another.

2. You're in an inflated housing market

Some parts of the country are prohibitively expensive to live in. Coming up with a down payment for a $500,000 house is considerably harder than coming up with a down payment for a $150,000 house. But what makes certain highly desirable urban areas really problematic is that home prices in these areas can be driven steeply upward by the high demand. Not only would you have to pay an inflated price for the house, which makes it harder for you to turn around and sell it for a gain in a few years, but you'd also have to pay far more each month as a homeowner than you would as a renter for the same amount of house.

3. Your income isn't secure

If you're not confident in your job security, then now is not the time to make a huge purchase like a new house.

If you suddenly lose a major source of income, then you may need to cut your housing costs in order to get by. That's a relatively quick and painless process if you're renting; you might pay a fee to end your lease early, but you could move to a cheaper home in a matter of days. If you own your home, then a career crisis could force you to sell your house at a bad time; it may take months to find a buyer, or you might end up selling the house for less than you paid for it.

4. You have no savings

If an emergency savings account is important for a renter, it's absolutely crucial for a homeowner. As a renter, if something goes wrong with the house, you can simply call the landlord, who will have to pay to fix the problem. As a homeowner, all the expense lands squarely on your shoulders. Even if nothing expensive breaks down on you, homeowners have ongoing additional costs such as homeowner's insurance and property taxes.

If you don't budget for such expenses or run short one month, you may end up having to tap into savings to pay for them. And if you don't have a well-funded savings account, you may be forced to turn to credit cards -- and that repair bill will be made even more expensive by interest and possibly fees.

Also don't forget that ponying up a down payment will take a big bite out of your savings. You'll need to make sure you still have a solid emergency fund after you've paid out the down payment and the cost of moving. After all, what's the point of buying home if you'll be too busy fretting about expenses to enjoy it?

For more information on apartments in Mooresville, NC, contact Abberly Green.

The Motley Fool


Renting Gives Financial Freedom to Retirees

Joseph Coupal - Friday, July 07, 2017

Abberly Green, Mooresville, NCA growing number of homeowners are using the equity in their houses, by selling and moving into an apartment.

One couple sold their home two years ago, but they didn't buy a condo. Instead, like a growing number of people downsizing, they rented.

He often woke up in the middle of the night last month as he often does. This time, though, he rolled over and went back to sleep.

That's when he knew that after more than two years of turmoil, he was finally home. The fact that the roof over his head belongs to someone else only added to his peace of mind.

They are among a growing number of downsizers, who are choosing to rent rather than buy a retirement nest. It is a choice that can be physically, mentally and financially liberating.

The couple is healthy and vibrant. But a couple of years ago, their two-story home of 32 years was "just consuming too much time and it was absorbing huge amounts of energy that we wanted to use in other ways." There were rooms they didn’t even use.

"We wanted to leave while we still could — gracefully."

The emotional and financial decision to rent rather than buy is becoming more common.

Many retirees have had a really good run by owning their own homes for many years. They've accumulated a lot of equity. They have a feeling that the market is going to go back down again and all the benefits of this great market are going to be lost if they don't cash in.

At the same time, these home sellers can't necessarily see spending hundreds of thousands, plus maintenance fees, on a condo.

Many retirees don't want the responsibility of owning a home any longer. With an apartment you can close the door and go away.

Some are open to renting or buying.

"Buying any of the condos we looked at would have consumed a huge percentage of our net worth. You don't want 50-, 60-, 75-, 80 per cent of your net worth in one piece of real estate. It's just too risky.

The couple pays rent every month and they only write just three checks a month — rent, electric/gas and cable. When they lived in their house, there were 15 to 20 regular expenses.

Gone are the bills for a security system, for chimney repairs, sewer connections and maintenance agreements on appliances.

Community is important too. Many can rent in an apartment community where they know and can meet other residents.

Is renting an apartment saving them money on a monthly basis?

Maybe not. But it isn't costing more. And they can take the proceeds from their home sale and invest the money.

Releasing the equity on your house can actually generate enough cash flow to cover rent.

For people rich in equity but cash poor, renting can give them the freedom to pay for some of the extra things they want in life. It's all very well to watch your home's value appreciate, but you can't eat a doorknob.

If the decision to rent or buy a smaller home is a financial wash, then go with the better emotional fit. That frequently depends on whether you are comfortable giving up the control of owning your own place or whether you really need the cash to cover the cost of enjoying retirement.

If you're going to rent and invest your home's equity you need to look carefully at where you're putting that money so you're not seeing your old age security benefits clawed back.

For more information on apartments in Mooresville, NC contact Abberly Green.

#HowYouLive

thestar.com


Cities With Cheap Rent and Good Jobs for New College Grads

Joseph Coupal - Wednesday, June 28, 2017

Abberly Green, Mooresville, NCThere are certain things that as a new college graduate you have little control over, such as when you're forced to join the real world. If you happened to graduate in 2008 — when the economy was hemorrhaging jobs while the stock and housing markets were collapsing — you were somewhat out of luck. Still, there were things you could have done to improve your financial odds even in the Great Recession, such as picking a city with the best odds of finding a good-paying job and an affordable place to live.

Which begs the question: Where are those cities for young grads today?

The real estate site Trulia and the careers site Indeed have teamed up to look at which cities provide the best combination of affordable rental properties and the types of jobs that typically employ new grads.

Their conclusion: Finding the ideal place to work and live is tricky, because the market in which you might find the best-paying jobs may also happen to be too pricey for a 22-year-old to afford rent.

There are parts of the country that have the highest percentage of jobs that were amenable to those right out of college. Almost a third of all postings in San Jose were "grad-friendly," and recent grads could expect to earn around $3,333 a month.

Trouble is, all of that economic activity has dramatically driven up demand and prices for homes and apartments. In the San Jose market, new grads can only afford 2.5% of the available rental listings in the area.

Do new grads have to choose between a paycheck in their pocket or a roof over their head? To an extent, yes.

Yet the researchers note that there are some "sweet spots" that offer the best of both worlds.

MONEY took the data from the survey and organized it a bit differently.

We eliminated any location where less than than 10% of the housing market was accessible to new grads, and then looked at the top job markets among the remaining towns on the list. We found the Top 50 of those markets, Charlotte, NC is number 10.

10. Charlotte, NC
Monthly Income: $2,635
Percentage of Listings Affordable to Recent College Grad: 15.2%Percentage of Grad-Friendly Job Postings: 16.5%

For more information on apartments near Charlotte, NC in Mooresville, NC contact Abberly Green.

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Time - Money


Finding a Home in Mooresville, NC

Joseph Coupal - Wednesday, June 21, 2017

Abberly Green, Mooresville, NCMoving to a new city can be daunting, but there are ways you can make it easier.

Moving to a new city can feel overwhelming. You’ll soon be surrounded by all new places and faces, which will certainly take some time to get used to. One thing that will help you get settled more quickly? Choosing the perfect place to live – one that makes you feel comfortable right away.

You may be thinking, “How can I find a home I love in a new city I know nothing about?” If you know exactly what to look for and the right questions to ask yourself, it will be easy to narrow down your options. First things first: Hit your new city for a day of exploring.

Rent or Buy?

First you’ll need to make an important distinction: Are you looking to rent a home or buy? Your finances may answer this question for you; buying a home is a major monetary commitment that takes serious planning, so be sure you are ready.

Thinking beyond bank accounts, there are other reasons it might make sense to rent rather than buy at first in a brand new city. Many real estate agents recommend renting first to get to know the area.

Rent in a new city before buying to give yourself a chance to get to know the areas. What corners you like best. Get a good understanding of how long certain commutes are to your work and other important activities.

It also gives you time to make sure you’ll actually like the new job and city.

What a nightmare it would be to buy a home in a new city, only to end up hating the job (or city) and moving back within a few months.

Lastly, the type of home you’re interested in may help narrow down your choice to rent or buy. If you definitely want an apartment/condo in a high-rise building, that is more likely available for rent.

Learn the Neighborhoods

As you start apartment hunting, keep in mind the three most important words in real estate: location, location, location. Choosing your new neighborhood can actually be more important than most other things.

As you check out the neighborhoods in your new city, consider the following: Do you want to live downtown, or in a more suburban or rural area? There are certainly pros and cons to each option.

Downtown, you may be within walking distance to great restaurants, fun entertainment and, conveniently, your place of work. That being said, you could also deal with negatives like loud street noise or frequent construction.

In the suburbs, you could have more green space with parks and playgrounds. However, if you’ve decided you’re looking for an apartment, your options might be limited outside of downtown.

Your transportation situation is also a key factor to consider. Do you own a car? How far are you willing to commute to work, and where does the neighborhood fit into traffic patterns? Take commute time into account, not just the distance.

Once you’ve pinpointed the general area you want to be, try plugging the coordinates into GPS to determine if your driving time is satisfactory to you during rush hour.

Other key factors to keep in mind when exploring a neighborhood are the specifics that fit your family’s needs. Do you have children, or are you planning a family in the future? If so, find out about the schools in the areas you’re considering.

If possible, drive around each of the schools those neighborhoods feed into. Even if you don’t have children this can give you a feel for the area.

And, of course, talk with someone familiar with the city – your new coworkers or friends in the area.

For more information on apartments in Mooresville, NC contact Abberly Green.

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Good Call



Abberly Green Apartments

117 Abberly Green Boulevard, Mooresville, NC 28117

Call: 844-379-4792
Email UsAbberlyGreen.PropertySite.HHHunt@aptleasing.info
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$839-$1,239