11945 Crooked Stick Place
Pineville, NC 28134
107
Units
2014
Built
Executive Summary
Charleston Row Townhomes in Pineville, North Carolina offers a rare investment in a supply-constrained rental market. With no new conventional apartments built since 2008 and limited rental approvals, the property enjoys insulation from new competition and strong fundamentals for long-term growth. Charleston Row is positioned for value-add upside through interior upgrades and professional management, with nearby comps supporting $500 premiums for updated units.
The asset is surrounded by major employment drivers, including Atrium Health Pineville, Carolina Logistics Park, and Ballantyne’s flourishing corporate hub. This mix of healthcare, industrial, and office jobs provides a steady renter base. Additional value can be captured through creative marketing and amenity expansion on adjacent vacant parcels, enhancing resident appeal and differentiation. Charlotte’s leading job and population growth, along with Pineville’s anti-rental stance, reinforce Charleston Row as a unique multifamily investment with potential for strong cash flow and appreciation.
Property Summary
Charleston Row Townhomes
11945 Crooked Stick Place
Pineville, NC 28134
TYPE
# UNITS
SIZE (SF)
% OF MIX
2 Bed / 2.5 Bath
- Cumberland
- Cumberland
49
1,162
46%
2 Bed / 2.5 Bath - Broad
26
1,308
24%
2 Bed / 2.5 Bath - Murray
6
1,372
6%
3 Bed / 3.5 Bath - Calhoun
(1-Car Gar)
(1-Car Gar)
18
1,615
17%
3 Bed / 3.5 Bath - Hanover
(2-Car Gar)
(2-Car Gar)
4
1,721
4%
3 Bed / 3.5 Bath - Rutledge
(2-Car Gar)
(2-Car Gar)
4
1,721
4%
TOTAL/AVG.
107
1,327
100%
Property Description
- Property Address
- County
- Units
- Lease
- Year Built
- Stories
- Buildings
- Acreage
- Units per Acre
- Roof
- Construction
- Parking
- Property Management
- Washer/ Dryer Connections
Amenities
Community Amenities
-
Community mailboxes with parcel delivery
-
Community picnic table area
-
Dog park
-
Onsite management and maintenance
Unit Amenities
- Chef-inspired kitchens with freestanding islands
- Stainless steel appliance package including refrigerator with ice maker, oven/range, microwave, dishwasher, and garbage disposal
- Faux hardwood-style vinyl flooring in kitchen and living areas
- Granite countertops in kitchens and bathrooms
- Double vanity sinks in master bathroom
- Recessed lighting with modern, brushed nickel fixtures
- Ceiling fan in living room
- Spacious walk-in closets
- Full-size washer/dryer sets
- Digital thermostats
- Private patio
- Smart locks
- Private one- and two-car garages*
*In select units
Photo Gallery
Contact Us
Charlotte Office
4201 Congress Street
Suite 200
Charlotte, NC 28209
Raleigh Office
4030 Wake Forest Road
Suite 300, Office 314
Raleigh, NC 27609
Charleston Office
121 Calhoun Street
Suite 200
Charleston, SC 29401
Greenville Office
355 S. Main Street
1st and 2nd Floor
Greenville, SC 29601
Investment Sales
Caleb Troop
Senior Managing Director
314.607.3481
[email protected]
Thomas Colaiezzi
Director
901.603.8590
[email protected]
Matt Robertson
Associate Director
919.812.3174
[email protected]
Drew Kwiatkowski
Associate Director
908.221.2635
[email protected]
Mortgage Banking
Joel Kirstein
Managing Director
815.545.6309
[email protected]
Mackinley Robinson
Senior Director
360.704.8831
[email protected]
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
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