Skip to main content
TOOLS
Login to access your documents and resources.
Confirm your location
location select
language select
Privacy notice Cookie policy, terms of use
Accept to continue
background-Briley apartments

  • Acquired

    October 2021

  • Vintage

    2021

  • Size

    16,211

    sq m

  • Sector

    Multifamily

  • Location

    Charlotte, North Carolina

Briley apartments

Front corner view of building

U.S. Cities Multifamily acquired Briley apartments, Class A, 359 unit, mid-rise, property located in Matthews, NC within the Matthews/Southeast Charlotte submarket of the Charlotte MSA. Briley is part of a 45-acre mixed-use development which will be an entertainment and sports hub in the Town of Matthews.

The Property offers convenient access to major employment hubs including Ballantyne (12 miles) and Upton Charlotte (12 miles). The property is situated half a mile from Independence Boulevard and just over a mile from the I-485 interchange. MSA median household income is $69,224, average rent is 94% of rents adjusted for AMI.

The newer vintage of the Property offers attractive and modern amenities that middle-income renters are seeking when looking for places to reside and offers families highly rated schools. Matthews is a growing suburb with some of the top public schools in the Charlotte MSA.

Strong demographics, schools, population growth, easy accessibility to employment and the expansion of the LYNX silver line into the Matthews submarket will position Briley Apartments to provide the multifamily with strong returns over the long term.

Property images

Briley Apartments Swimming Pool Briley Apartments Model
Contact
Shilp Shah
Shilp Shah
Director, Assistant Portfolio Manager, Nuveen Real Estate
Footer Arc Background

Discover

Our Company

The information contained on this website is provided for educational purposes only and is not intended to be relied upon as a forecast, research or investment advice, is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. YOUR CAPITAL IS AT RISK. All financial investments involve an element of risk. Therefore, the value of the investment and the income from it will vary and the initial investment amount cannot be guaranteed. 

Products, services, or strategies shown may not be available in certain jurisdictions and/or to certain investors. Recipients should inform themselves about and observe any applicable legal requirements. The information provided should not be considered a solicitation or an offer by Nuveen or its affiliates to provide any financial products or services in any jurisdiction where it is not otherwise authorized to do so. Any funds described herein are not for sale in the US or to US persons and are available under the conditions of the relevant offering document(s). If you are a US citizen or resident, please visit our website for US Financial Professionals or US Institutional Investors. Nuveen provides a range of products including investment advisory services, strategies, and expertise through its independent investment affiliates. Securities are offered through Nuveen Securities, LLC.

© 2023 Nuveen, LLC. All rights reserved.

GWB-2034150PR-E0222W

Back to Top