Progress 910

4.4★★★★☆(826 reviews)

109 Discovery Pl, Wilmington, NC 28403

Wilmington, North Carolina, United States

Edit

Business facts

Estimated annual revenue~$1.9M
Estimated employees~9
Estimated wage bill~$462.2K
In business since2014
Estimate based on strong signals

Contacts

front desk worker

employee

employee

employee

manager

leasing specialist

employee

employee

office staff

Area statistics (28403)

Population39,628
Median household income$50,757
Source: US Census ACS

About

Progress 910 Luxury Student Apartments offers modern, luxurious off-campus housing for UNC-Wilmington students, with first-class amenities and opportunities for social interaction and community involvement. The apartments opened in 2014 and prioritize academics, convenience, and comfort. The community motto, "Live Different," encourages residents to pursue their goals and make the most of their time in Wilmington.

📅
Appointment Only
No
💳
Credit Cards
Yes
🅿️
Parking
Parking Lot
💰
Price
$$
Wheelchair Accessible
Parking, Yes
Categories: Student Housing Center, Apartment Complex.
ISIC Codes: 5590, 6810.

Market analysis

Earning above its category median in a stable category (Student Housing Center).

EstimateCategory trend: 2024, +1.7%

Revenue trend (modeled)

~$1.1M2019
~$1.2M2020
~$1.4M2021
~$1.6M2022
~$1.6M2023
~$1.9M2024
Modeled from official industry statistics+11.6%/yr since 201980% confidence band: ±42%

Property

Lot size16 acres
Land useAPT
CountyNew_hanover
Parcel ownerRPP HOLDINGS LLC
Land value$1.4M
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Student Housing Center in North Carolina185~$326.1M~$1.8M~$1.0M4.0★1.9×
Category revenue trend2024: +1.7%2023: +9.5%2022: +13.2%2021: +4.9%Modeled from business-level estimates
Chain pressure30 chains expanding in this category, led by Ram Village 2, Coastal Quarters, Belk Hall (+238 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)123~$328.3M~$2.7M~$607.1K817~$77.3M3.1×
Real estate activities8~$9.8M~$1.2M30
Accommodation and food service activities3~$2.5M~$821.7K19

1 km area (all businesses): median from the 104 of 123 businesses with estimates

Estimate

Area conditions (28403)

Population39,628 ±1,560
Median household income$50,757 ±$4,990
Median home value$297,100
Bachelor's degree or higher0.5%
Unemployment rate0.1%
Source: US Census ACS
Edit Business