The ground level of the building will be used for commercial tenants that include Girls with Dough, Shore Break Bikes and Water + Color Gallery. Those tenants were announced in July.
The second through fourth floors hold 27 apartments with nine different floor plan options.
Sweyer Property Management will control MV Flats at Riverlights.
“MV Flats provides a sense of community to those not ready to purchase a home or that want the flexibility of a lease,” stated Michelle McDermott, Sweyer Property Management manager, in the release. “With high ceilings, luxury finishes, upgraded appliances – not to mention the views – living at MV Flats will offer an unparalleled experience here in Wilmington.”
Rent prices begin at $900 for a one-bedroom, one-bath unit.
Earlier this year, a Greenville, South Carolina, developer submitted engineering drawings to the city of Wilmington for a 250-unit apartment complex in Riverlights called Middleburg Apartment Community on site plans.
The documents show three- to four-story apartment buildings, a pool, a dog park, open space and garages, and the plans have been released by the city for development, according to Wilmington's project tracking website.
Efforts to reach developers for more information about the Middleburg Apartments and the MV Flats were not immediately successful Tuesday.
Last year, RL Lofts, a separate mixed-use structure in Riverlights, sold for $4.67 million to an investor.
Riverlights is a 1,400-acre planned mixed-use community located in Wilmington that includes residential sites, commercial space, eight public parks, a 38-acre freshwater lake, community gathering spaces and views and access to the Cape Fear River. Upon completion, Riverlights, under development by Newland Communities, is planned to have approximately 2,290 single-family, patio, and townhomes.
Cece Nunn - Jul 30, 2021
Christina Haley O'Neal - Jul 30, 2021
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