Hamilton Square Apartments

Hamilton Square Apartments

Charlotte, NC
Available
  • Property Type: Apartments
  • Year Built : 1986
  • Property Size: / 120 Units

Overview

Capstone Apartment Partners is pleased to present Hamilton Square Apartments, a 120-unit, 1986-vintage apartment community located in the burgeoning East Charlotte submarket. Hamilton Square has been under the same ownership for the last 14 years, benefiting from a long-term hold investment strategy that focused on minimal rent increases and no substantial interior renovations. Currently, all 120 units at the property are considered classic, positioning the property as a robust value-add opportunity for new ownership to achieve premiums up to $400, based on local competitors. Additionally, the East Charlotte submarket has seen robust rent growth of 15.6% year-over-year, while still offering a 40% rent discount to the neighboring submarket of Uptown, making it one of the most attractive markets for renters. Hamilton Square, with its excellent location in the booming East Charlotte submarket, coupled with its untouched value-add opportunity, positions the property as an asset poised for significant upside for years to come. 

Investment Highlights

Poised for Value-Add Program with 100% Classic Units

14-Year Owner with Minimal Rent Increases

Proximate to Eastland Mall Redevelopment in East Charlotte

Contact Information

Caleb Troop Director P: 314.607.3481
O: 800.746.3175 ext. 725
caleb@capstone-companies.com
Alex McDermott Partner P: 704.533.4865
O: 800.746.3175 ext. 700
alex@capstone-companies.com
Austin Green Director P: 704.962.7454
O: 800.746.3175 ext. 701
austin@capstone-companies.com
Thomas Colaiezzi Investment Sales Advisor P: 901.603.8590
O: 800.746.3175 ext. 714
tcolaiezzi@capstone-companies.com
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