About Ashbrook Village
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Ashbrook Village, a 423-unit apartment community located in the expanding Charlotte submarket of Gastonia, strategically positioned along the I-85 corridor and minutes from downtown Gastonia. The property benefits from proximity to major employment hubs and ongoing economic development, including the transformative FUSE district. Constructed from 1985-1992, Ashbrook Village represents a compelling investment opportunity in a sub-market projected to deliver the highest rent growth in the market with 4.7% annual projected rent growth through 2030 while maintaining occupancy levels above 95%. The strong rent trajectory, combined with a widening affordability gap between renting and homeownership, creates a durable demand base and pricing power for operators. With 293 upgraded units and achieving $80 average premiums, Ashbrook Village offers significant upside through the continuation and enchancement of the market-driven interior upgrade program with the potential for new ownership to achieve $173 rent premiums over classic units.
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