The Madison is a 460-unit, garden-style, multifamily community located in one of Charlotte’s most established and high-demand residential corridors. Built in two phases (1987 and 1999), the property combines spacious floorplans with strong value-add potential and long-term operational upside. Grand Peaks acquired the asset in 2021 through a JV partnership, focusing on strategic upgrades and revenue optimization to enhance performance in a rapidly growing market.

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CHARLOTTE, NC

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1987/1999 VINTAGE

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460 UNITS

A modern residential house with a light green exterior, brick accents, large windows, and a covered front porch with brick columns. There are colorful flower beds and trees along the sidewalk under a partly cloudy sky.
Interior view of a modern reception or work area with three yellow and green patterned chairs, and three desktop computers on a marble counter against a light wall. There is a large abstract painting hanging above the counter, and a door with a windo
A bright and spacious lounge area with colorful armchairs, a round black coffee table with decorative glass bowl, modern artwork, large windows with curtains, a wall-mounted television, and a bar area with a coffee machine and snacks.
Bright and airy hotel lobby or lounge with large windows, modern furniture, and a high ceiling with a chandelier.
Spacious modern living area with high vaulted ceiling, large windows, and wooden flooring. Features various chairs including a patterned armchair with a yellow pillow, a blue plaid armchair, and a set of dining chairs. There is a circular rug, bar se
Outdoor swimming pool with a built-in grill station, patio furniture, umbrellas, and a pool house surrounded by trees and a clear blue sky.
Outdoor swimming pool with lounge chairs, umbrellas, a small pool house, and lush green trees under a partly cloudy sky.
Indoor gym with cardio equipment including treadmills and stationary bikes, bright walls with colorful stripes, ceiling fans, and large windows.
Room with two stationary exercise bikes and a blue exercise mat on black flooring, with windows covered by white blinds and a doorway leading to another room with yellow and teal walls.
Kitchen with white cabinets, stainless steel refrigerator, microwave, stove, and a laundry area with washer and dryer. A striped rug on wood floor, opening to a living room area.
View of a kitchen with white cabinets, gray subway tile backsplash, a stainless steel microwave, and a gas stove. On the countertop, there is a coffee maker, two striped coffee cups, and a blue vase. A cut-out window opening looks into a living room
Modern kitchen with white cabinets, gray backsplash, black stove, and microwave. The kitchen opens into a dining area with a wooden table and six chairs, decorated with a large abstract painting and a hanging light fixture.
Open-concept living and dining area with view into kitchen. Dining table set with bowls, plates, glasses, and bottles, surrounded by mid-century modern chairs. Living room has beige sofa, armchairs, and a mounted TV above a fireplace.
Living room with blue and yellow accent chairs, a beige sofa with blue and yellow pillows, a wooden coffee table, a fireplace with a mounted TV, and built-in shelves with decorative items, colorful rug, large window with curtains.
Living room with a fireplace, a wall-mounted TV, a brown sofa with yellow and blue pillows, a wooden coffee table with a floral decoration, a blue armchair with a yellow pillow, and a dining area with a round mirror and artwork on the walls.
Bright living room with three large windows featuring horizontal blinds, decorated with yellow and gray patterned curtains. Contains a wooden desk with two white vases and flowers, a transparent wire chair, a gray lounge chair with pillows and a yell
A bedroom with a large bed featuring blue and yellow pillows, a wooden dresser with a mirror, and a sliding glass door leading to a balcony or patio.
A bathroom with a shower curtain, a white toilet, a white vanity with a mirror, a blue-patterned mat, a small potted plant, and an abstract painting on the wall.
A cozy bedroom with a bed that has a upholstered headboard, striped bedding, and multiple pillows. On the left, a wooden nightstand with a large table lamp and small decorative item. To the right, a dresser with decor and a mirror above it. Light fil
Bathroom with white vanity, large mirror, painting of ocean waves, toilet with plant on tank, striped shower curtain, towels on rack.