Download Offering Materials: Townes at McCullough
Capstone Apartment Partners is pleased to present Townes at McCullough, a 2021 construction, Class A townhome community located in the Pineville submarket of the Charlotte, North Carolina MSA. With 66 two- and three-bedroom townhome units, the property features luxury Class A finishes and curated amenities catering to the growing rent-by-choice crowd seeking alternatives to traditional apartments. Townes at McCullough is perfectly positioned in Pineville’s high barrier to entry micro location within the rapidly growing South Charlotte submarket. Nestled between Interstate 77 and Interstate 485, residents benefit from the convenient access to an abundance of job opportunities and economic demand drivers throughout Ballantyne and the Charlotte MSA. The favorable location, strong demographics, and some of the top finishes in the market position Townes at McCullough as an excellent investment opportunity.
Investment Highlights:
Located within high barrier to entry micro location of south Charlotte adjacent to Ballantyne
Average tenant household income of ~$150K
Caters to growing rent-by-choice crowd seeking apartment alternatives
Opportunity for organic rent growth with second generation leases
