The Crest at Galleria

Posted: 1/25/2021
48 Units
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The Crest at Galleria
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The Crest at Galleria
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The Crest at Galleria
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The Crest at Galleria
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The Crest at Galleria
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The Crest at Galleria
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The Crest at Galleria
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The Crest at Galleria
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The Crest at Galleria
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The Crest at Galleria

About

About The Crest at Galleria

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 448-unit Crest at Galleria apartment community located in Charlotte, North Carolina. This asset is situated in the highly desirable submarket of Matthews where a highly educated, affluent renter base has supported consistently strong rent growth over the past five years. A thinning development pipeline provides confidence these strong multifamily fundamentals will continue. An excellent location surrounded by retail and proximate to major highways provides residents access to Charlotte's largest employment hubs, including Uptown, in less than 20 minutes. Built in 2005, Crest at Galleria represents a unique opportunity to invest in an extremely well-located asset which offers modern construction as well as massive value-add upside that would generate a 28% increase over current NOI.