The Exchange at Steele Creek

Capstone is pleased to present The Exchange at Steele Creek. Construction is complete and the asset is working through final inspections with final C/O expected at the end of April / early May 2023. This garden-style apartment community with Class A finishes is comprised of 36 units consisting of one- and two-bedroom floorplans. Favorable demographics and increased population growth in South Charlotte have resulted in rent growth of 14% in the last twelve months. Proximate to I-485 and I-77, residents benefit from convenient access to 100,000+ jobs located in Uptown as well as major employers in the surrounding Steele Creek area. The favorable location with access to major demand drivers in the area, as well as nearby retail amenities, positions the Exchange at Steele Creek as an excellent investment opportunity for brand new, Class A construction in the submarket.

Investment Highlights:

New Construction with Class A Luxury Finishes

Robust Multi-Family Fundamentals and Booming Population Growth

Organic Rent Growth and New Development

Surround by Major Employers and Retail