The Residences at Prince Charles

Capstone is proud to present The Residences at Prince Charles, a trophy 59-unit historic, adaptive reuse apartment community located in the flourishing downtown of Fayetteville, North Carolina. Formerly built as a hotel in 1924, The Residences at Prince Charles has been repurposed into a stabilized top-of-the-line apartment community with established long-term retail tenants. The 59 units feature an ideal mix of studios, one-bedrooms, and two-bedrooms, all of which achieve the highest market rents in the robust Fayetteville market. Residents of the community will enjoy an unmatched amenities package, including walkability to downtown, free tickets to the Fayetteville Woodpeckers’ games, technology-enabled convenience, and ample parking space. In addition, residents will have access to an urban market and coffee shop just downstairs. With its unbeatable location and amenities, market-leading rents, and lucrative historical benefits, The Residences at Prince Charles presents investors with an excellent opportunity to acquire the crown jewel of Fayetteville.

Investment Highlights:

Top-of-the-Line Community with Best-in-Class Interior Finishes

Market-Leading Rents with In-Place Long-Term Retail Tenants

Tax Benefits from Historical Landmark Status

Prime Location with an Unmatched Amenities Package On- and Off-Site

Decades of Remarkable Growth Potential