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Country Club

Posted: 3/10/2023
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Country Club
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Country Club
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Country Club
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Country Club
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Country Club
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Country Club
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Country Club

About

About Country Club

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 454-unit, Country Club apartment community located in Charlotte, NC. Built in 1969, Country Club represents an outstanding opportunity for new ownership to bring unit finish levels in line with comparable properties in the submarket achieving $250+ premiums. Significant capital has been infused into the submarket, most notably the Eastland Mall Redevelopment, 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 Country Club a prime opportunity to invest in one of Charlotte's most transformative submarkets. Rent growth within the submarket has averaged 7% per year since 2015 and is projected to rise 4.5% annually through 2027.