Capstone Apartment Partners is pleased to present Concord
Ridge, a 336-unit, 2017 vintage, multi-family community located in Concord, NC.
Concord Ridge presents potential investors with a new-build class A asset in a
highly desirable location. Conveniently located just off U.S. Highway 29, residents
enjoy easy access to major roadways that connect to the entire Charlotte MSA
and ample retail, dining, and entertainment options. With construction costs in
the region rising and lenders growing more conservative through the pandemic,
Concord Ridge offers an attractive basis as potential investors can avoid the
risks and costs of ground-up development. The variety and abundance of
employment opportunities coupled with the proximity to Charlotte drive demand
as well as annual organic rent growth that has far outpaced Charlotte averages.
*Offering Memorandum Available Soon*