Nevin Place

Nevin Place

Charlotte, NC
Available
  • Property Type: Apartments
  • Year Built : 1998/1999
  • Property Size: 50,568 SF / 55 Units

Overview

Capstone Apartment Partners is pleased to present Nevin Place: a 1998/1999 vintage, 55-unit community in Charlotte, North Carolina. Nevin Place is conveniently located in the University submarket of Charlotte, offering residents easy access to multiple demand drivers in University City and Uptown Charlotte. Strong fundamentals, coupled with an excellent demographic and a strong value-add platform to build on, mean new ownership will inherit a property perfectly positioned to push value. The University submarket has seen a boom in development over the last decade as UNCC and University City continue to rapidly expand. Nevin Place represents an exciting opportunity to purchase a high-quality asset with little to no deferred maintenance, which will allow new ownership to immediately focus on continuing the interior value add program, pushing rents, and achieving a higher NOI.


3D Tour: Renovated Unit (Occupied)

3D Tour: Two Bedroom Unit

Investment Highlights

  • Newer Construction Asset Poised for Value-Add Program
  • Opportunity to Increase Other Income
  • Strong Submarket Demographics
  • Located in a High Growth Corridor

Contact Information

Ron Corrao Director P: 757.749.6994
O: 800.746.3175 ext. 712
ron@capstone-companies.com
Alex McDermott Partner P: 704.533.4865
O: 800.746.3175 ext. 700
alex@capstone-companies.com
Eric Liebich Investment Sales Advisor P: 248.225.3706
O: 800.746.3175 ext. 730
eric@capstone-companies.com
Rhodes Marley Investment Sales Advisor P: 704.840.5927
O: 800.746.3175 ext. 736
rhodes@capstone-companies.com
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