The investment is particularly compelling given the facility’s in-place operational upside, with meaningful opportunity to increase both rental rates and physical occupancy. A more sophisticated revenue-management strategy, targeted marketing, improved tenant conversion, and disciplined management could allow a new owner to capture additional revenue from the existing asset without relying solely on new construction or significant capital expenditures.

Gastonia has experienced meaningful population growth over the past several years, benefiting from its position within the broader Charlotte-Concord-Gastonia metropolitan area. According to the U.S. Census Bureau, Gastonia’s population increased from 80,411 in 2020 to an estimated 87,067 in 2025, representing 8.2% growth in just five years.