Avison Young, as exclusive agent, is pleased to present Savoy Apartments, a 302-unit, Class A multifamily community with four ground-floor retail units located in the heart of Uptown Charlotte’s Second Ward. Delivered in 2018, this six-story, institutional-quality asset offers turnkey product with a best-in-class amenity package and walkable access to top-tier dining, the Spectrum Center, Bank of America Stadium, and Uptown’s corporate employment base. Savoy sits within Charlotte’s strongest-performing submarket, where Second Ward average effective rents per square foot (PSF) have climbed 5.4% over the last year.

Charlotte’s multifamily market is emerging from a historic supply wave into a window of tightening fundamentals – an opportunistic buying window defined by a declining pipeline, durable demand, and forward NOI recovery. With over 50,000 Fortune 500 headquarter jobs within less than one mile, anchored by Bank of America, Truist, Lowe’s, Honeywell, and Duke Energy, Charlotte’s corporate base continuously draws high-income residents to the urban core, underpinning the sustained rental demand that makes near-term oversupply a cyclical headline rather than a structural concern.

A stabilized, recently constructed asset with diversified income, Savoy offers investors reliable cash flow in a market ranked among the nation’s best for job, income, and population growth – positioned to capture outsized upside as supply continues to tighten.