The Pointe on Lafayette

About The Pointe on Lafayette

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Pointe on Lafayette, a 96-unit apartment community in Shelby, North Carolina. Located in the thriving western Charlotte MSA, the property benefits from regional economic expansion driven by Gaston County’s industrial base, growing workforce, and strong manufacturing sector. Shelby captures this momentum, offering access to employment centers and urban amenities while maintaining a lower cost of living and less congestion. Built in 1974, the property is a stabilized, extensively renovated asset positioned for continued rent growth. Ownership has invested nearly $1.18 million in interior upgrades, exterior improvements, and full roof replacements. Renovated units include granite countertops, white shaker cabinetry, brushed nickel hardware, stainless steel appliances, vinyl flooring, and updated lighting and plumbing fixtures. Ranked as North Carolina’s No. 1 Micropolitan, Shelby has attracted $94.7 million in new investment and achieved 54% rent growth over the past five years. With improved access via the new Shelby Bypass, the property is well positioned for sustained demand, rent stability, and long-term performance.