Wesley Village Apartments

2715 Wet Stone Way, Charlotte, NC 28208

Property Overview

Wesley Village is a pet-friendly 301-unit apartment community located in Charlotte, N.C., adjacent to the central business district (CBD). This Class A property was developed and constructed in 2009 with 33 unique floor plans.

Wesley Village consists of nine three- and four-story elevator-serviced buildings on 14.8 acres of land. Units feature nine-foot ceilings, (20-foot in select lofts), private terraces and sun rooms, engineered wood flooring, oversized windows with plantation blinds, upgraded interior lighting package, built-in computer niches and full size washers and dryers.

Community amenities include a 10,000 square-foot, two-story clubhouse, state-of-the-art 24-hour fitness center, resident business lounge, yoga studio, resident gaming center, salt water swimming pool with cabanas, poolside grilling stations and wet bar, outdoor fireplace, dog park, controlled access gates, community recycling center, detached garages and additional storage available to residents.

Investment at a Glance

Location: Charlotte, NC

Property Type: Class A Apartment Community

Acquisition Date: November 6, 2012

Purchase Price: $45,750,000

No. of Buildings: 9

No. of Stories: 3 & 4

No. of Units: 301

Square Footage: 308,377 SF

Year Built: 2009

Leased Percentage (at the time of Acquisition): 93%

$45,750,000 Total Purchase Price
308,377 square feet Total Rentable Area
Multifamily Building Class