#United States #Charlotte #Asheville #Madison Capital #MCG Arden NC

Madison Capital Group Launches MCG Arden NC

Madison Capital Group has recently unveiled its latest multifamily investment opportunity, the MCG Arden NC, which is a Delaware statutory trust (DST) focused on the Madison Long Shoals property. Nestled in the desirable Asheville submarket of Arden, North Carolina, this newly constructed luxury community comprises 86 well-appointed residential units spread across approximately 72,000 rentable square feet. After completing construction in 2024, the property has shown significant demand, achieving stabilization within just ten months.

Located against the stunning backdrop of the Blue Ridge Mountains and Lake Julian, Madison Long Shoals offers residents a blend of modern living and natural beauty. The property’s completion and lease-up success are attributed to its appealing design and strategic location, which makes it a prime choice for those seeking high-quality multifamily housing.

The available investment opportunity consists of a total equity raise nearing $14 million, with an attractive loan-to-value ratio of approximately 48%. Potential investors looking to participate in this opportunity must meet minimum investment criteria: $100,000 for those utilizing a 1031 exchange and $25,000 for cash investors. This offering is aimed solely at accredited investors, adhering to Regulation D, Rule 506(c) under the Securities Act of 1933.

Jeff Kremin, president of Madison Capital Markets, commented, "The MCG Arden NC Multifamily DST reflects our continuous effort to grant retail investors access to high-quality assets located in marketplaces backed by solid economic foundations and lifestyle appeal." He further noted that the Asheville area benefits from robust in-migration trends, job growth, and a limited housing supply, establishing a compelling case for multifamily investments in the region.

The luxury units at Madison Long Shoals are designed with sophistication and comfort in mind. Features include soaring 9-foot ceilings, granite countertops, stainless steel appliances, under-mount sinks with gooseneck faucets, designer lighting fixtures, wood-style plank flooring, and full-sized washers and dryers. The generous layout of each unit also includes spacious walk-in closets, resulting in an upscale living experience for residents.

Residents of Madison Long Shoals can take advantage of a variety of carefully curated amenities that cater to both their need for relaxation and productivity. The community boasts a state-of-the-art fitness studio, a contemporary clubhouse with panoramic mountain views, professional-grade coworking and conference spaces, a fenced pet park, secure bike storage, and additional features designed to enrich residents' lifestyles.

In terms of accessibility, the location of Madison Long Shoals is ideally situated near key employment hubs such as Mission Health, Ingles Market, and the Charles George VA Medical Center, in addition to being just a short eight-minute drive from the Asheville Regional Airport. The nearby demographics reveal an affluent community, with an average household income of about $114,000 reported within just one mile of the property.

Asheville has quickly developed into one of the country’s most sought-after real estate markets, attracting new residents due to its high quality of life, breathtaking natural scenery, and diverse economic landscape. The city is renowned for its vibrant downtown scene, compelling culinary experiences, artistic endeavors, and access to outdoor activities via the Blue Ridge Parkway, all of which contribute to the sustained demand for housing in the area.

Madison Capital Group is uniquely positioned in the real estate market, offering comprehensive investment and development expertise. With a significant portfolio encompassing various property types, including multifamily, self-storage, and commercial assets, the firm prides itself on its disciplined investment strategy and commitment to long-term value creation. Madison Long Shoals marks the company’s third multifamily community in the Asheville area, joining the ranks of Burton Hills and The Harrison, with Madison Communities serving as the property manager.

To learn more about Madison Communities and the opportunities available, interested parties are encouraged to visit livemadisoncommunities.com. For further information on Madison Capital Group, please check out madisoncapgroup.com, where details on their diverse portfolio and investment philosophies can be found.