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650 E Brooklyn Village Ave
Charlotte, NC 28202 Second Ward

Price Upon Request

Apartments For Sale • 397,481 SF

Property Details

Property Type Apartments
Total Building Size 263,288 SF
Lot Size 2.64 AC
Building Class B
Year Built 2018
Zoning UMUD

70 Transit Score

80 Walk Score

                
                    Highlights
                
                                20% rent to income ratio offers affordable luxury and rental pricing power.
                            
                                Market supply cliff strengthens rent fundamentals — 68% YoY delivery decrease within two mile radius.
                            
                                Historically low basis at a discount to replacement cost — 27% below 2022 peak year average.
                            
                                Cyclical trough NOI with a clear path to recovery — ±10% projected NOI increase, with rents 5.2% below 2023 peaks.
                            
                                ±50,000 Fortune 500 HQ jobs and robust education pipeline drive long-term rental demand.
                            
                                Competitive set suggests additional rent upside achievable — rent PSF 6.3% below competitive set average.

Property Flyers

Savoy_Teaser

Major Tenants

Tenant	SF Occupied	Lease End Date
Beauty By Danielle
C C The Cutting Co
CityVet
Gyu-Kaku Japanese BBQ
Hello Sugar
Salon Lofts

Amenities

Air Conditioning
Balcony
Clubhouse
Courtyard
Fenced Lot
Fitness Center
Pool
Grill
Hardwood Floors
Vaulted Ceiling
Stainless Steel Appliances
Views
Walk-In Closets
Linen Closet
Pantry
Patio

Public Transportation

Commuter Rail	Drive	Walk	Distance
	6 min	-	3.1 mi
Transit/Subway	Drive	Walk	Distance
3rd Street (Charlotte Trolley - Charlotte Area Transit System (CATS), LYNX Blue Line - Charlotte Area Transit System (CATS))	3 min	10 min	0.5 mi
Carson (Charlotte Trolley - Charlotte Area Transit System (CATS), LYNX Blue Line - Charlotte Area Transit System (CATS))	3 min	12 min	0.6 mi
Stonewall (Charlotte Trolley - Charlotte Area Transit System (CATS), LYNX Blue Line - Charlotte Area Transit System (CATS))	3 min	12 min	0.6 mi
Charlotte Transportation Center/Arena (Charlotte Trolley - Charlotte Area Transit System (CATS), LYNX Blue Line - Charlotte Area Transit System (CATS))	3 min	14 min	0.7 mi
Morehead (Charlotte Trolley - Charlotte Area Transit System (CATS))	3 min	14 min	0.7 mi
Airport	Drive	Walk	Distance
Charlotte/Douglas International	19 min	-	8.4 mi
Concord-Padgett Regional	28 min	-	16.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	319
Type:	AttachedGarage
Included in Rent:	Yes

James Nelson 917-362-1485 Avison Young

650 E Brooklyn Village Ave Charlotte, NC 28202 Second Ward