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Maple Grove at Deep River Land

Posted: 5/11/2022
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Maple Grove at Deep River Land
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Maple Grove at Deep River Land

About

About Maple Grove at Deep River Land

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 24.96-acre, Maple Grove at Deep River Land development opportunity located in High Point, NC. Situated between three K-12 schools and over 500,000 SF of high-quality retail, this is an ideal site to develop a Class-A build-to-rent community as a desire has increased among renters for more space & suburban living. High Point is the top growth market in the Piedmont Triad, boasting 21% YoY rent growth and 3-mile, blue-chip demographics consisting of $99K average household Income, 49% of population with a bachelor’s degree or higher, 78% White Collar workforce, and dwindling unemployment rate. With submarket occupancy rates currently at 97%, minimal supply in the development pipeline, and a surplus of new residents moving to the region, the Maple Grove at Deep River Land site is poised for strong performance, once developed.

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