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110-Unit Apartment Building
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2425 Kingspark Dr, Charlotte, NC 28208

Existing improvements support continued interior upgrades and more efficient property operations.

Property SizeContact for details
Days on Market144

Property Features for 2425 Kingspark Dr

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Opportunity Zone Yes
Multifamily Units 110

Building Details

Year Built 1968
Listing Agency: Northmarq
Listed By: Matt Weinstein · License #NC 332046
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 8:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq

Investment Insights

Based on property information with market context.

The Hideaway at Kingspark is a 110-unit apartment community constructed in 1968. The property has an established interior improvement program, with recent capital work completed across the community. Its existing configuration provides a platform for continued unit upgrades and operational refinement.

Located at 2425 Kingspark Dr in Charlotte, North Carolina, the property is situated in the West Charlotte submarket. It is also within an Opportunity Zone, providing an important characteristic for investors evaluating the asset and its surrounding development context.

Key Highlights

  • 110‑unit apartment community
  • Constructed in 1968
  • Located in Charlotte’s West Charlotte submarket

Property Analytics

Current Use

The Hideaway at Kingspark Apartments Real Estate Agency momo High School

Suggested Use

Top Pick Law Firm Dental Office Garden Center Bakery Carpet & Flooring Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

110
Residential units

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby

Demographics for 28208, NC

38,614
Population
17,842
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
81%
High-School Grad
20.2 sq mi
ZIP Area
1,912
Density / Sq Mi
$51,339
Median Household Income
$40,359
Median Earnings
$1,173
Median Rent
$198,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Existing improvements support continued interior upgrades and more efficient property operations.
Where is this apartment building located?
The property is located at 2425 Kingspark Dr Charlotte, NC.
What are key features of this property?
This property features: 110‑unit apartment community; Constructed in 1968; Located in Charlotte’s West Charlotte submarket
More about this property
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