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Elevate at Tryon 508 N Tryon St N 86 Unit Apartment Building For Sale Charlotte, NC 28202
Investment Highlights
- Prime Uptown Charlotte Location – Situated at 508 N Tryon St in the heart of the First Ward, surrounded by dining, retail and cultural attractions.
- Strong Occupancy – Currently 90% leased, reflecting consistent renter demand.
- 86 Units – Mix of studio, efficiency, and one-bedroom layouts, no two units alike.
- Attractive UC – TOD zoning, Charlotte's highest density mixed-use zoning.
Property Facts
| Sale Type | Investment | Lot Size | 0.81 AC |
| No. Units | 86 | Building Size | 60,929 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1927/2022 |
| Apartment Style | Mid-Rise | Parking Ratio | 1.01/1,000 SF |
| Building Class | B | ||
| Zoning | UMUD - TOD-UC Transit Urban Center Zoning District Allows for Maximum Building Heights | ||
| Sale Type | Investment |
| No. Units | 86 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.81 AC |
| Building Size | 60,929 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1927/2022 |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | UMUD - TOD-UC Transit Urban Center Zoning District Allows for Maximum Building Heights |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Crown Molding
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Tub/Shower
- Views
- Wi-Fi
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Security System
- Furnished Units Available
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | $1,197 | 247 - 591 |
| 1+1 | 48 | $1,025 | 247 - 708 |
| 2+1 | 8 | $1,514 | 541 - 708 |
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (75)
Property Taxes
| Parcel Number | 080-033-07 | Improvements Assessment | $3,802,000 |
| Land Assessment | $6,572,500 | Total Assessment | $10,374,500 |
Property Taxes
Parcel Number
080-033-07
Land Assessment
$6,572,500
Improvements Assessment
$3,802,000
Total Assessment
$10,374,500
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Elevate at Tryon | 508 N Tryon St N
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