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Avellan Springs Apartments apartments in Morrisville, NC

Updated

Avellan Springs Apartments

4551 Crown Pkwy, Morrisville, NC 27560, USA

4.1 (318 reviews) Official Website

Live pricing, refreshed

13
Units Listed
$1,294
Starting at
$1,487
Average
$1,674
Highest
$1.52
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Morrisville 27560 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,337
from $1,294 · 5 units
~787 sqft avg
2 Bed
$1,554
from $1,454 · 6 units
~1,022 sqft avg
3 Bed
$1,663
from $1,651 · 2 units
~1,323 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (20)

Largest 8 movers of 20

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$68K

$816K annual run rate

Modeled estimate

Est. Occupancy

78%

of about 60 units (modeled from leasing activity)

Effective Rent on New Leases

$1,447

vs $1,487 current asking ($40 negotiation gap)

Recent Lease Activity

60 units tracked; 47 assumed leased, 13 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

13

Moderate availability

5 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

13 units
1 Bed / 1 Bath The Wright 1 BR 1 BA
$1,294/mo
790 ft² · $1.64/ft² · #10
Down $55 since Aug 22 (was $1,349)
1 Bed / 1 Bath The Wright 1 BR 1 BA
$1,319/mo
790 ft² · $1.67/ft² · #12
Down $80 since Aug 22 (was $1,399)
1 Bed / 1 Bath The Wright 1 BR 1 BA
$1,324/mo
790 ft² · $1.68/ft² · #13
Up $5 since Aug 22 (was $1,319)
1 Bed / 1 Bath The Wright 1 BR 1 BA
$1,349/mo
790 ft² · $1.71/ft² · #9
Down $48 since Aug 22 (was $1,397)
1 Bed / 1 Bath The Wright 1 BR 1 BA
$1,399/mo
775 ft² · $1.81/ft² · #11
Up $105 since Aug 22 (was $1,294)
2 Bed / 1 Bath The Green 2 BR 1 BA
$1,454/mo
974 ft² · $1.49/ft² · #5
Up $10 since Aug 22 (was $1,444)
2 Bed / 1 Bath The Green 2 BR 1 BA
$1,459/mo
974 ft² · $1.50/ft² · #6
Up $17 since Aug 22 (was $1,442)
2 Bed / 2 Bath The Blackwell 2 BR 2 BA
$1,548/mo
999 ft² · $1.55/ft² · #1
Up $2 since Aug 22 (was $1,546)
2 Bed / 2 Bath The Blackwell 2 BR 2 BA
$1,588/mo
999 ft² · $1.59/ft² · #2
Up $2 since Aug 22 (was $1,586)
2 Bed / 2 Bath The Morgan 2 BR 2 BA
$1,621/mo
1,094 ft² · $1.48/ft² · #7
Down $30 since Aug 22 (was $1,651)

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Morrisville, NC notes

No resident notes for this property yet.

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