Capstone is pleased to present The Medical District Flats at ECU, a ±21.89-acre development site with multifamily zoning in place that will allow for up to 320 market-rate apartments by-right in Greenville, North Carolina. The Medical District Flats at ECU is comprised of four adjoining parcels ideally located with tremendous visibility and proximity to both the bustling medical corridor of Greenville and East Carolina University (ECU). The site sits in clear view along Stantonsburg Road, which is connected to Highway 587, giving future residents convenient access to major thoroughfares across Greenville and into the Raleigh/Fayetteville MSAs. Greenville has seen exponential growth over the last few years, with ECU Health Medical District leading the charge as the main economic driver in the market. With its prime location and qualified tenant base, The Medical District Flats at ECU presents an outstanding opportunity to develop a multifamily community in the rapidly growing Greenville market.

Investment Highlights:

High-Density Multifamily Zoning and Completed Due Diligence In-Place

Ideally Situated in Medical District Corridor

Regional Connectivity with Direct Access to Demand Drivers

Proximity to Leading Employers