The Flats at Arrowood

About The Flats at Arrowood

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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Flats at Arrowood, a 301-unit apartment community located in the rapidly evolving South Charlotte submarket. Built in 1974/1980, The Flats at Arrowood offers residents exceptional connectivity to Charlotte’s major employment hubs, including Uptown, SouthPark, CLT Airport, South End, and Ballantyne. The property is strategically positioned along key transit corridors adjacent to the LYNX Blue Line and with access to South Boulevard, I-485, and I-77 allowing seamless access to over 170,000 jobs and premier lifestyle amenities. Situated in South Charlotte’s rapidly expanding corridor, the community caters to a predominantly white-collar workforce (64%) with strong demographics, including an average household income of $112,000 and a highly educated population base with 58% of the population completing higher education. The Flats at Arrowood is being offered as a receiver sale, presenting a compelling lease-up opportunity for new ownership with a significant discount to the previous sale. Buyers can capitalize on the $200+ rent gap between the asset and top of market comparables. Through continued lease-up execution and modest renovations including black appliances, updated cabinetry, laminate flooring, and modern fixtures ownership can capture meaningful upside. This strategy positions the asset for sustained growth and long-term performance.