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Forest Hills Apartment Homes apartments in Wilmington, NC

Updated

Forest Hills Apartment Homes

505 Alpine Dr, Wilmington, NC 28403, USA

4.4 (263 reviews) Official Website

Live pricing, refreshed

12
Units Listed
$1,335
Starting at
$1,590
Average
$1,775
Highest
$1.38
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Audubon rent trends

Beds

Pricing by Bedroom

2 Bed
$1,517
from $1,335 · 7 units
~1,003 sqft avg
3 Bed
$1,691
from $1,560 · 5 units
~1,361 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 (14)

Largest 8 movers of 14

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

$257K

$3.1M annual run rate

Modeled estimate

Est. Occupancy

94%

of about 186 units (modeled from leasing activity)

Effective Rent on New Leases

$1,479

vs $1,590 current asking ($111 negotiation gap)

Recent Lease Activity

44 units tracked; 32 assumed leased, 12 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

12

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

12 units
2 Bed / 1.5 Bath WILLOW
$1,335/mo
935 ft² · $1.43/ft² · #12
Up $30 since Sep 23 (was $1,305)
2 Bed / 1.5 Bath BRADFORD
$1,440/mo
935 ft² · $1.54/ft² · #1
Up $41 since Sep 19 (was $1,399)
2 Bed / 1.5 Bath COTTAGE
$1,490/mo
821 ft² · $1.81/ft² · #4
2 Bed / 1.5 Bath BRADFORD
$1,515/mo
935 ft² · $1.62/ft² · #2
Up $75 since Sep 19 (was $1,440)
3 Bed / 2.5 Bath RIVER OAK
$1,560/mo
1,361 ft² · $1.15/ft² · #7
Down $90 since Sep 23 (was $1,650)
2 Bed / 1.5 Bath BRADFORD
$1,580/mo
935 ft² · $1.69/ft² · #3
Up $100 since Sep 10 (was $1,480)
2 Bed / 2.5 Bath POPLAR
$1,605/mo
1,230 ft² · $1.30/ft² · #5
Down $50 since Sep 23 (was $1,655)
3 Bed / 2.5 Bath RIVER OAK
$1,650/mo
1,361 ft² · $1.21/ft² · #8
Down $50 since Sep 23 (was $1,700)
2 Bed / 2.5 Bath POPLAR
$1,655/mo
1,230 ft² · $1.35/ft² · #6
3 Bed / 2.5 Bath RIVER OAK
$1,700/mo
1,361 ft² · $1.25/ft² · #9
Down $70 since Sep 23 (was $1,770)

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Trains close by

Freight line 1,071 ft away

  • Trains pass infrequently
  • Crossing 1,071 ft away. Horns expected during the day.
  • Operator: CSX

Why this matters →

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 Wilmington, NC notes

No resident notes for this property yet.

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