The Landings at Doby Creek

The Landings at Doby Creek

Charlotte, NC
Available
  • Property Type: Development/Land
  • Property Size: / 3.07± Acres / ±151 Units Sites

Overview

Capstone Companies is proud to present The Landings at Doby Creek Development Site, a 3.07-acre, zoned, entitled, and shovel-ready multi-family site ideally located in the burgeoning University City submarket of Charlotte, North Carolina. The development site presents developers with the rare opportunity to acquire a shovel-ready site that includes fully approved site plans, as well as 100% completed engineering drawings for 151 luxury apartment units. With the majority of upfront leg work completed, a developer can focus on immediately initiating construction and capitalizing on the robust rent growth in the University City submarket. University City rent growth has outpaced surrounding submarkets, and rents have increased +60% year over year since 2010, driven by the influx of high-paying jobs at the numerous Class A office parks nearby. Additionally, The Landings at Doby Creek is less than 5 minutes from the 30,000-student University of North Carolina at Charlotte as well as major office operations for TIAA, Wells Fargo, and many others. With a zoned, entitled, and shovel-ready project located in one of the fastest-growing submarkets of Charlotte, The Landings at Doby Creek presents a unique opportunity for a developer to deliver a new product to the market. 

Investment Highlights

  • Fully Engineered Construction Drawings Included with Site
  • Red Hot University City Rental Market
  • Proximity to an Abundance of Job Opportunities
  • Connectivity to the Charlotte MSA
  • In Process Redevelopment of the Adjacent TownePlace Suites

Contact Information

Ron Corrao Managing Director P: 757.749.6994
O: 800.746.3175 ext. 7012
ron@capstone-companies.com
Eric Liebich Director P: 248.225.3706
O: 800.746.3175 ext. 7030
eric@capstone-companies.com
Matt Weinstein Investment Sales Advisor P: 703.987.0236
O: 800.746.3175 ext. 7032
w.matt@capstone-companies.com
Jared Alcorn Investment Sales Advisor P: 540.553.2210
O: 800.746.3175 ext. 7034
jalcorn@capstone-companies.com
Travis Cundiff Investment Sales Advisor P: 919.601.3119
O: 800.746.3175 ext. 7092
tcundiff@capstone-companies.com
Dane Lozier Investment Sales Advisor P: 858.395.6900
O: 800.746.3175 ext. 7053
dlozier@capstone-companies.com
Bryse Toothaker Managing Director P: 773.802.1726
O: 800.746.3175 ext. 7003
bryse@capstone-companies.com
Charlie Rimkus Director P: 949.923.5542
O: 800.746.3175 ext. 7084
crimkus@capstone-companies.com