Photos
About
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 where there is a $300+ mark to market potential. In addition, the property is being offered both free and clear and with assumable floating rate debt. 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 affordable senior housing units, 274 multifamily units, 17,500 SF commercial space, as well as infrastructure improvements, ideally positioning the submarket for further subsequent growth. Future development of the LYNX Light Rail Silver Line, 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.
Please wait while we communicate with our server.
An error occurred while trying to communicate with our server. Please verify your data and/or try again later.