The Townes at Crowders Mountain

Capstone is pleased to present The Townes at Crowders Mountain, two combined sites in Gastonia, North Carolina that are zoned and entitled for 185 townhomes that can be built as “for-sale” or “for-rent” product by-right. These development sites in Gastonia present developers with the rare opportunity to acquire two fully approved sites in the second fastest-growing submarket in the Charlotte MSA. The Crowders View & Jenkins Road sites will allow buyers to capitalize on the consistent population growth, as well as the 33% rent increase seen in the Gastonia MSA over the past 36 months, once construction is complete. These development sites are located within proximity to all major employers, retail, commercial services, and nature in Gastonia. Located minutes away from I-85 and I-74, the sites sit along Crowders View Drive and Jenkins Road, giving future residents easy access to demand drivers and major thoroughfares across Gastonia. Future residents will reach downtown Gastonia within 7–9 minutes by car. Downtown Gastonia is home to a plethora of amenities such as Webb Custom Kitchen, Rankin Lake Park, and Schiele Museum of Natural History. Another 8–9 minutes east, residents will find Gastonia Technology Park, a 422-acre business park that is set to draw major employers such as Owens Corning and Dixon Quick Coupling.

Investment Highlights:

Streamlined Development Process with By-Right Zoning

Development Flexibility | Build as For-Rent or For-Sale Product, By-Right

Interconnected to All Major Amenities

Red-Hot Market with Explosive Growth

Ideally Located Within a Qualified Opportunity Zone