Open for funding

Hambright Junction

HUNTERSVILLE, NC​ | 300-UNIT MULTIFAMILY DEVELOPMENT

Requirements

  • 3-5 YearsEstimated Hold Period

  • $34.1MEquity Required

  • $50,000Minimum Investment

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Key Investment Highlights

  • Hambright Junction will feature 300 Class A three- & four-story garden style apartment homes in Huntersville, NC, a thriving suburb of Charlotte.
  • The site enjoys excellent visibility and accessibility with frontage on 3 major corridors – Interstate 77, Statesville Road, and Hambright Road – plus direct access to I-485. ​
  • Location provides a convenient commute to Charlotte and the surrounding communities of Cornelius, Davidson and Mooresville.
  • Nestled between Cornelius and Davidson to the north and Charlotte to the south, providing convenience to employment, schools, and entertainment.

Development Information

  • Property Type

    Multifamily Development

  • Deal Type

    Opportunistic

  • # of Units

    300

  • Market

    Charlotte, NC

Deal Highlights

  • Projected Construction Costs

    $81,954,212

  • Projected Loan Amount

    $49,172,527

  • Projected Close Date

    March 31, 2024

  • Projected LTV

    60%


Located in
Huntersville, NC

11209 Statesville Road,
Huntersville, NC 28078
United States

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Disclaimer: The information contained herein is for informational purposes only and does not constitute an offer or sale or any form of general solicitation or general advertising of interests in any fund or investment vehicle. Any such offer will only be made in compliance with applicable state and federal securities laws pursuant to offering documents which will be provided to qualified prospective investors upon request. Prospective investors should review the offering documents carefully, which includes important disclosures and risk factors.

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