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Steele Creek Apartments 10525 Steele Creek Rd

36 Unit Block of Flats For Sale Charlotte, NC 28273

Investment Highlights

  • New Construction with Class A Luxury Finishes.
  • Organic Rent Growth and New Development.
  • Robust Multifamily Fundamentals and Booming Population Growth.
  • Surrounded by Major Employers and Class A Retail.

Executive Summary

Capstone is pleased to present Steele Creek Apartments, a 2023 construction, Class A garden-style property nestled in the vibrant South Charlotte submarket of Charlotte, North Carolina. Steele Creek Apartments features 36 units consisting of attractive one- and two-bedroom floorplans. Strategically situated near I-485 and I-77, residents benefit from convenient access to 100,000+ job opportunities in Uptown as well as multiple prominent employers in the surrounding Steele Creek area. Boasting a prime location with access to major demand drivers in the area, as well as an abundance of nearby retail amenities, Steele Creek Apartments presents an exceptional investment opportunity for brand new, Class A construction in the submarket.

Property Facts Under Contract

Sale Type Investment
No. Units 36
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class A
Lot Size 2.27 AC
Building Size 35,712 SF
Number of Floors 3
Year Built 2023
Parking Ratio 1.74/1,000 SF

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 12 - 900
2+2 24 - 1,072

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
201-341-54
Land Assessment
£564,459
Improvements Assessment
£4,355,899
Total Assessment
£4,920,359

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 31729341

  • Date on Market: 07/05/2024

  • Last Updated:

  • Address: 10525 Steele Creek Rd, Charlotte, NC 28273

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