Click Here for Offering Materials: Ashbrook Village
Capstone Apartment 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 developed the asset as long-term holders. Home to over 30 international companies, Gaston County has emerged as a hub for foreign investments in advanced manufacturing, serving as the catalyst for some of the strongest rent growth in the metro. The growing demand of Gastonia paired with muted supply in 2018 poises the property for consistent returns and an opportunity to boost annual NOI by 36% through implementation of a value-add program.