Listed by Sands Investment Group Los Angeles, Sands Investment Group
$3,200,000
UNCC Student Housing Project - Charlotte NC
Details
Property Type Land
Sub Type Residential
Square Footage 1,108
Units 111
Occupancy 100%
Price per SqFt $2,888
Acreage 0.890
Prime Downtown Charlotte Land Approved For Student Housing
Marketing description
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.
Investment 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) and 29 minutes to uptown Charlotte.
- 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, one of the fastest-growing U.S. cities.
- 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.
Listing Contacts
Listed by Sands Investment Group Los Angeles, Sands Investment Group
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