Delta Crossing

About Delta Crossing

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Delta Crossing, a 178-unit apartment community located in Charlotte, NC. The asset, being offered with assumable debt at a 2.68% fixed interest rate, is strategically situated within a submarket that is highlighted by strong projected rent growth (4.65%–5.28% annually through 2027–2029) and a robust renter population (57% within a 3-mile radius). Delta Crossing benefits from its position along E. W.T. Harris Boulevard and Albemarle Road, placing residents within 15–18 minutes of Charlotte’s top employment nodes including Uptown (130K+ jobs) and University City (73K+ jobs). Built in 1989, Delta Crossing represents an outstanding opportunity to invest in the high-demand East Charlotte submarket with a compelling demographic profile highlighted by a median age of 35 and an average household income of $76,312 within a 3-mile radius. New ownership has the opportunity to complete a value-add renovation program and continue to close the $293+ gap to the top of the comp set.