CENTRAL AVENUE APARTMENTS

Plaza Midwood neighborhood, Charlotte NCLocated one mile east of Uptown Charlotte in the trendy Plaza Midwood neighborhood, the Central Avenue Apartments will consist of 105 units with surface parking.

Central Avenue Apartments represents a boutique opportunity to develop a surface-parked, 105-unit apartment community at a compelling cost basis.  We are currently under contract on a 1.95 acre parcel located at 1931 Central Avenue in Charlotte, NC with an expected construction start date of March 2016.

  • Close proximity to Uptown’s 79,000 jobs
  • Located in Plaza Midwood, Charlotte’s hippest neighborhood
  • Walkable to new grocery and mix of neighborhood retail
  • Abuts greenspace at 19-acre Veterans Park
  • Nearby planned streetcar to enhance connectivity to Uptown
  • Outstanding drive-by & visibility off of major connectivity corridor
  • Unparalledled access to Charlotte’s major thoroughfares
  • Surfaced parked results in competitive advantage
  • Intimate, boutique & unique rental community

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ASBURY FLATS

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Located one mile west of Uptown Charlotte in the historic Wesley Heights neighborhood, Asbury Flats will consist of 77 units with surface parking.

Asbury Flats represents a boutique opportunity to develop a surface-parked, 77-unit apartment community at a compelling cost basis located less than one mile from Charlotte’s Central Business District.  The development is currently under construction with an expected completion date of March 2016.

INVESTMENT SUMMARY

  • Close proximity to uptown’s 79,000 jobs
  • Anchored by one of Charlotte’s most historic neighborhoods
  • Walkable to mix of neighborhood retail and specialty office
  • Possessing unobstructed skyline city views
  • Abuts greenway system linking to uptown
  • Outstanding drive-by & visibility at major intersection
  • Unparalleled access to charlotte’s major thoroughfares
  • Surfaced parked results in competitive advantage