Download Offering Materials: Sanctuary at Powell Place
Capstone Apartment Partners is pleased to present Sanctuary at Powell Place, a 264- unit Class A garden- style property located in Pittsboro, North Carolina. Built in 2020, the property features luxury finishes, exceptional construction quality, and an expansive amenity package, putting it amongst the top rental options in the market. Favorable demographics in the Chatham County submarket have resulted in rent growth north of 22% in the last twelve months. Additionally, with nearby proximity to Highway 64 and Highway 15-501, residents benefit from the convenient access to all the economic demand drivers in the downtown area, major employers in the MSA and neighboring cities such as Chapel Hill, Durham, and Raleigh. Having a favorable location with access to major demand drivers coupled with positive market fundamentals and Class A finishes, Sanctuary at Powell Place presents a premier investment opportunity.
Investment Highlights:
Class A Asset with Luxury Finishes and Expansive Amenities
Opportunity to Organically Increase Rents
High Barrier to Entry Market
Positive Multi-Family Fundamentals
Located in Burgeoning Market with Proximity to Demand Drivers
