Laurel View Apartments
ADDRESS: Charlotte, North Carolina
ACQUISITION DATE: 2019
DISPOSITION DATE:
NUMBER OF UNITS: 174
AVERAGE SQUARE FEET OF UNITS: 816 – 1,303
Built in 2018, Laurel View is located in Concord, a suburb of Charlotte, characterized by a well-educated talent pool, white collar jobs, and high income levels. The convergence of Concord’s waning development pipeline and the region’s rapid job growth provides for an environment conducive to the property’s success. Located in a submarket that has posted substantial year-over-year rent growth, the property boasts amenities including a resort-style swimming pool with poolside cabana and grilling area, a fenced-in dog park, and a 5,000 SF clubhouse with a state-of-the-art fitness center, pet spa, and package lockers.