Chesney Woods Townhomes

About Chesney Woods Townhomes

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Chesney Woods, a 48-unit apartment community located in the thriving Charlotte submarket of Concord. Built in 1974, Chesney Woods has benefited from strong recent leasing trends and offers investors a premier value-add opportunity located in a well-positioned market thriving off of Charlotte’s growth. Positioned in the affluent submarket of Concord, the property has enormous untapped potential, as there is currently $360+ worth of rental headroom to the top of market competitors. Significant capital has been infused into downtown Concord, including 301 units with ground level retail expected to deliver by the end of the year. With a high projected household income through 2027, new ownership will be able to increase rents both through the proven value-add initiative as well as organically.