The Tatum

About The Tatum

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Tatum, a 176-unit apartment community located in Charlotte, NC. Built in 1980, The Tatum has recently received over $2M in capital expenditures and offers a proven, in-place value-add opportunity for new ownership to bring unit finish levels in line with comparable properties in the submarket achieving $225+ premiums. In addition, The Tatum is being offered as a loan assumption, or free and clear, with attractive terms that can help shield investors from interest rate risk, while offering strong cash flow. Significant capital has also been infused into the submarket, most notably the Eastland Mall Redevelopment site, with plans to bring 155 single-family units, 70-120 affordable senior housing units, 280 multifamily units, 17,500 SF commercial space, as well as infrastructure improvements. Future development of the LYNX Silver Line Light Rail, along with the continuation of the LYNX Gold Line, will continue to improve the transportation and accessibility in East Charlotte, making The Tatum a prime opportunity to invest in one of Charlotte’s most transformative submarkets with 250K jobs within a 20 minute drive.