About Accent Southrail
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Accent Southrail Apartments, a 304-unit community. Additionally, there is an opportunity to acquire Accent Southrail Townhomes, an adjacent 53-unit community scheduled to deliver in Q4 2023.
These two communities are centrally located at the convergence of I-77, S. Tryon, Billy Graham Pkwy and the Lynx lightrail system, offering unparalleled convenience to 265K+ jobs within a 15-minute commute. In addition to accessibility, the highly amenitized micro location provides walkability to a plethora of retail and entertainment in LoSo, including 8 breweries and the highly anticipated Rally Pickleball. The location’s unmatched accessibility and superior lifestyle amenities are bolstered by a strong demographic profile ($105K on-site), which has spurred home values to increase at twice the pace (108%) of neighboring zip codes in the past 5 years.
Accent Southrail Townhomes is differentiated from the overwhelming majority of supply coming to infill Charlotte, as there are no BTR units under construction in the submarket and only 2 assets completing lease-up. The lack of BTR supply, particularly along the lightrail, will provide the Townhomes a competitive advantage to continuously outpace the market. Built in 2022 and 2023, Accent Southrail Apartments & Townhomes offer investors a diversified, institutional quality asset with a coveted lightrail location that is primed for outsized returns inside of Charlotte’s fastest growing submarket.