$3,700,000 USD
844-474-4666
7305 Tryon st
Charlotte, NC 28262
Mineral Springs
HIGHLIGHTS
- Approved for 111 units / 293 beds, purpose-built for UNC Charlotte demand.
- Just 11 minutes to the heart of UNC Charlotte’s campus via Blue Line Light Rail (3-minute walk to station, 8-minute ride to campus).
- UNC Charlotte posted record enrollment in fall 2024, with Junction 49 and Arcadia as successful nearby comps along N Tryon St.
- North Carolina's population is up ~6% since 2020, with continued YoY growth. Charlotte metro population is up ~5% since 2020.
- Home to Fortune 500 employers - Bank of America, Lowe’s, Honeywell, Truist, Duke Energy, Nucor, and more — driving both job and student growth.
- This can also be suitable for affordable housing.
OVERVIEW
Sands Investment Group is pleased to exclusively present for sale the 0.89- acre UNCC Student Housing Development Opportunity, strategically located at 7305 N Tryon Street in Charlotte, NC.
This premier project is fully approved for 111 units / 293 beds, specifically designed to meet the strong and growing demand from UNC Charlotte students.
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
FOR SALE DETAILS
PRICE
$3,700,000 USD
# OF UNITS
111
PRICE/UNIT
$33,333
CAP RATE
Request Cap Rate
% LEASED
-
STATUS
Demolished
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
UNCC Student Housing Project - Charlotte, NC
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.89 AC
LAND SF
38,768 SF
ZONING
-
APN/PARCEL ID
047-221-20
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844-474-4666
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844-474-4666
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