Caralea Valley

About Caralea Valley

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 233-unit Caralea Valley apartment community located in Charlotte, NC’s thriving suburb of Concord. Built in 1991, the property is situated just off I-85 and is poised to benefit from Concord’s skyrocketing rent levels and consistently high demand. Providing blue-chip convenience to lifestyle amenities and Charlotte’s most prominent job centers, the affluent suburban submarket is defined by well-educated residents and a predominantly white-collar workforce. Concord’s limited supply pipeline bolsters incoming ownership’s opportunity to boost annual NOI by $447k+ through completion of the existing value-add initiative.