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South Pointe at Wayside

Posted: 2/5/2024
192 Units
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South Pointe at Wayside
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South Pointe at Wayside
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South Pointe at Wayside
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South Pointe at Wayside
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South Pointe at Wayside
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South Pointe at Wayside
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South Pointe at Wayside
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South Pointe at Wayside
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South Pointe at Wayside
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South Pointe at Wayside
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South Pointe at Wayside
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South Pointe at Wayside

About

About South Pointe at Wayside

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 192-unit South Pointe at Wayside apartment community located in Raeford, North Carolina. Built in 2023, this newly constructed asset grants residents access to top-of-the-market amenities and Class A finishes designed to cater to the predominant white-collar workforce in the area (60%). Ideally located with direct access to Fort Liberty’s 67,000+ job opportunities and additional 9,000+ jobs within the premier Healthcare Corridor, the property is strategically positioned near the region’s top employers and retail options. South Pointe at Wayside offers new ownership the chance to invest in a high-performing asset that has showcased an impressive lease-up performance, averaging 17 move-ins per month from March to January. Surrounded by a limited supply pipeline coupled with an anticipated 6,000 new residents by 2027 and proven rent growth of 25.4% since 2021, new investors have an extraordinary opportunity to capitalize on the property’s future growth as it enters its second generation of leasing.