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Avion Master Planned Community Development Site

Posted: 1/11/2023
776 Units
58.98 Acres
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Avion Multifamily Development Site
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Avion Multifamily Development Site
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Avion Multifamily Development Site

About

About Avion Master Planned Community Development Site

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the +/- 58.96 acre Avion Master Planned Community Development Site. Aptly named with a nod to its former use as the Albemarle Airport, the Avion site is approved for 360 conventional apartment units, 261 townhomes, and a 155 unit senior living center. Located in a region of lakes and natural beauty and offering three different housing types, the site has potential to attract a wide range of future residents. Government projects including widening nearby NC 24/27 and the future opening of the Albemarle Business Center should foster continued economic growth in the direct vicinity of the Avion site. There is a lack of Class A multifamily product in Stanly County and less than 2% vacancy, so the Avion Master Planned Community Development Site would be a welcomed addition to the market.

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