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Family Office Briefing on research byLee & Associates·Oct 29, 2024

2024 Q3 Charlotte, NC - Multifamily

Charlotte multifamily market sees strong demand despite high vacancy at 12.1% in Q3 2024 — family offices should consider co-GP opportunities with disciplined operators.

MultifamilyCharlotteNorth Carolina2024

Key Metrics

MetricValue
Vacancy Rate12.1%
Net Absorption10,897units
Asking Rent/Unit1619$
Cap Rate5.38%

Metrics extracted from the source report and independently fact-checked. Method →

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