Capstone Apartments Partners is pleased to present Ashbrook
Village: a 423-unit townhome community located in Gastonia, North Carolina.
Built in 1985, Ashbrook Village has been well-maintained, as current ownership
purchased the asset from the original developer who maintained the asset
exceptionally well with the approach of a long-term generational holder. Gaston
County has emerged as a location of choice for foreign investments in advanced
manufacturing, serving as the key driver for some of the strongest rent gains
in the metro. The growing demand of Gastonia paired with muted new construction
supply in 2021 poises the property for consistent returns and an opportunity to
boost annual NOI through completion of the existing value-add program.
Offering Memorandum Coming Soon
Proven Value-Add Upside
Nearby Premier Retail
Significant Infrastructure and Development Within Close