New Offering: Value-Add Opportunity Along I-85 Corridor in Charlotte MSA

Download Offering Materials: Westside Manor

Capstone Apartment Partners is pleased to present Westside Manor Townhomes: a 64-unit, 1970’s vintage townhome community in Salisbury, North Carolina. Westside Manor presents investors with an untouched value-add opportunity that has rental upside supported by local competitors. The property is conveniently located off Statesville Blvd (US-70), which gives residents immediate access to all of the major employers and Class-A retail around Salisbury and the Charlotte MSA. Companies like Jeld Wen and Doosan Bobcat have recently made major job announcements in the area, thereby making the Charlotte MSA, and Westside Manor, even more attractive. The value-add opportunity that this community presents, paired with its minimal deferred maintenance and excellent location, present new ownership with the chance to inherit a property poised for growth for years to come.

Existing Value Propositions
Well Positioned Asset Poised for Value-Add Program
Close Proximity to an Abundance of Employment Opportunities
Highly Accessible Location Near Class-A Retail

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