The Park

The Park

Gastonia, NC
Under Contract
  • Property Type: Apartments
  • Year Built : 1972
  • Property Size: / 118 Units

Overview

Offering Memorandum Available Soon!


Capstone Apartment Partners is pleased to present The Park Apartment Homes: a 1972 vintage, 118-unit, garden style community located in Gastonia, North Carolina. The property boasts a mix of one, two, and three-bedroom apartments and townhomes, as well as minimal deferred maintenance, providing new ownership the opportunity to immediately implement a robust value-add program. The Park is conveniently located along Cox Rd, less than half a mile from E. Franklin St, giving residents unparalleled access to the largest retail corridor in Gastonia as well easy access to Charlotte via I-85. Additionally, the property is located next door to the in-progress Lineberger Project, a 400-acre, 4.7 million square foot industrial park estimated to bring over 2,500 jobs to Gaston County. 

Investment Highlights

  • Robust Value-Add Opportunity
  • Attractive Unit Mix 
  • Proximity to Class-A Retail
  • Easy Access to I-85
  • Adjacent to Future 400-Acre Industrial Park

Contact Information

Austin Green Director P: 704.962.7454
O: 800.746.3175 ext. 701
austin@capstone-companies.com
Caleb Troop Director P: 314.607.3481
O: 800.746.3175 ext. 725
caleb@capstone-companies.com
Alex McDermott Partner P: 704.533.4865
O: 800.746.3175 ext. 700
alex@capstone-companies.com
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