University City

Capstone Apartments Partners facilitated the sale of two adjacent apartment communities in Charlotte’s burgeoning University City submarket. With a sale price of $125,750,000, this transaction marks the second largest multi-family sale by dollar amount in the Charlotte MSA in 2021.

Capstone Apartment Partners has closed the $9.7 million sale of Nevin Chase: a 90-unit garden-style apartment community located in north Charlotte’s growing University City submarket.