Concord Ridge

Concord Ridge

Concord, NC
Under Contract
  • Property Type: Apartments
  • Year Built : 2017
  • Property Size: 301,800 SF / 336 Units

Overview

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*

Contact Information

Caleb Troop Director P: 314.607.3481
O: 800.746.3175 ext. 725
caleb@capstone-companies.com
Austin Green Director P: 704.962.7454
O: 800.746.3175 ext. 701
austin@capstone-companies.com
Alex McDermott Partner P: 704.533.4865
O: 800.746.3175 ext. 700
alex@capstone-companies.com
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