#United States #Charlotte #Sherman Residential #The Wrenley

Sherman Residential Expands in Charlotte with The Wrenley Acquisition

On February 3, 2026, Sherman Residential made a significant move in the North Carolina real estate market by acquiring Elan Prosperity Village, a prominent Class A multifamily property located in Charlotte. This property is now known as The Wrenley, reflecting the company's continued focus on expanding its luxury apartment offerings in flourishing urban areas.

Key Features of The Wrenley

The Wrenley boasts a total of 300 luxury apartment units nestled in the rapidly developing Prosperity Village submarket. This prime location provides residents with excellent access to major employment hubs throughout the Charlotte region, with over 300,000 jobs reachable within a 20-minute commute. Notable nearby employers include Vanguard, Allstate, TIAA, and Wells Fargo, all of which enhance the appeal of this multifamily community.

Being just off Interstate 485, the property ensures easy transportation not only to Uptown Charlotte but also to the University Research Park and the Concord industrial corridor. Residents are poised to benefit from a growing business landscape and a plethora of job opportunities, making The Wrenley not only a residential choice but also a strategic living option for professionals.

Amenities That Elevate Living

The Wrenley is designed with a community-focused approach, offering residents a plethora of modern amenities that enrich their living experience:

• - Variety of Apartment Sizes: Residents can choose from studio to two-bedroom layouts, with spacious apartments extending over 1,200 square feet.
• - Designer Clubhouse: The property features a clubhouse adorned with premium marble finishes and natural wood accents, providing a welcoming environment for socializing.
• - High-End Finishes: Apartments come equipped with luxury features, including quartz countertops and stylish matte black fixtures.
• - Dedicated Workspaces: For those working from home, focused spaces complete with property-wide Wi-Fi promote productivity.
• - Outdoor Spaces: Residents can enjoy a private park featuring fireside lounges and a gaming lawn—a perfect spot for relaxation or gathering with friends.
• - Convenient In-Unit Amenities: The units are outfitted with washers and dryers for added convenience, and additional perks include two EV chargers and a round-the-clock fitness center.

A Vision for Community Building

Sherman Residential's Senior Vice President expressed enthusiasm about adding The Wrenley to their portfolio, noting that this marks their second acquisition in Charlotte within four months. The company, which had previously exited the market in early 2025, is now entering 2026 with renewed vigor and a commitment to fostering vibrant communities for current and prospective residents.

Having been in the real estate sector for over a century, Sherman Residential focuses predominantly on apartment ownership across various states, with the aim to combine beautiful designs and exceptional service to create outstanding living experiences. Their family-rooted philosophy continues to guide them as they navigate the multifamily landscape.

Conclusion

As Sherman Residential forges ahead in its growth strategy, The Wrenley stands out as a key asset in its portfolio. With luxury living, a wealth of amenities, and a location that connects residents to job opportunities, this acquisition not only enhances Sherman Residential’s offerings but also contributes positively to the Charlotte rental market. To explore the difference that Sherman is bringing to The Wrenley and schedule a tour, interested individuals can visit thewrenley.com for more information.

About Sherman Residential

Sherman Residential operates as a division of Benj. E. Sherman Sons, Inc. (BES) and focuses on apartment ownership across the United States. Known for their dedication to maintaining beautiful communities, they have consistently delivered rewarding investment opportunities, ensuring attractive returns for their investors since 1990. To learn more about their various holdings and investment avenues, visit shermanresidential.com.