Gaston County

• The county covers an area of approximately 364 square miles and has a diverse population of around 234,500 residents. The county is known for its mix of urban, suburban, and rural areas, offering a variety of living environments to its residents.
• The Gaston County Submarket is a regular target among apartment investors in Charlotte. Annual sales volume has averaged $110 million over the past five years, and the 12-month high in investment volume hit $268 million over that stretch. In the past 12 months specifically, $83.4 million worth of assets sold.
• Market pricing, derived from the estimated price movement of all apartment properties in the submarket, sat at $156,837/unit during the second quarter of 2023.