NEW Opportunity
Broadstone Optimist Park
Broadstone Optimist Park, a 323-unit, Class A residential property built in 2023 and located in Charlotte, NC, is available as a DST offering through the Origin Exchange platform. Origin Exchange provides accredited investors access to institutional-quality DST assets without high fees.
Overview
Broadstone Optimist Park is a newly built luxury apartment community located at 2010 N. Brevard St. in Charlotte, NC. Completed in 2023, the property features 323 upscale units, including studios, one- and two-bedroom apartments, and townhomes spread across six floors. Unit sizes range from 600 to 1,368 square feet.
Designed by Cline Design Associates, with McAdams Co. as the civil engineer and LS3P handling interior design, all project partners are based in Charlotte. The 2.9-acre community also includes 1,250 square feet of retail space.
Residents enjoy a wide range of amenities, including a swimming pool with cabanas, outdoor dining areas, a fitness center, a clubroom, coworking spaces, and a podcast recording studio. There are 410 parking spaces on site, including 40 EV charging stations.
Broadstone Optimist Park sits near the popular NoDa neighborhood and Optimist Hall, offering easy access to dining and entertainment. Cordelia Park is within walking distance, and downtown Charlotte is just about 2 miles away.
Through the Origin Exchange Program, accredited investors can acquire fractional ownership in Broadstone Optimist Park via Nashville Queens DST. This allows for a 1031 exchange, providing steady monthly income, potential long-term growth, and professional property management. Investors also have the option to convert DST interests into shares of Origin’s IncomePlus Fund under Section 721, offering further diversification and tax advantages.
Anticipated Terms
| Market | Charlotte, NC |
| Year Built | 2023 |
| Property Class | A |
| Units | 323 |
| Total Capitalization | ~$97M |
| DST Offering Equity | ~$49M |
| DST Offering Debt | ~$48M |
| Loan-to-Value | ~52.6% |
| Year-One-Cashflow | Contact Us |
| Hold Period | 2–5 Years |
| Minimum Investment | $250K |
| Fees | View Fees |
Property
- Property Overview: Broadstone Optimist Park is a Class-A, 6-story wrap-style project with 323 luxury units and 410 parking spaces (including 40 EV charging stations). The property is in the Optimist Park neighborhood of Charlotte which features myriad bars, restaurants, coffee shops and parks.
- Unit Mix: The property includes 72 studios (22%), 193 one-bedroom units (60%), 58 two-bedroom units (18%).
- Amenities: Includes co-working spaces and private offices, a resort-style swimming pool, grill stations, top floor clubroom, cabanas and fire pit, and fitness center.
- Finishes: Two design unit finish schemes, quartz countertops and decorative tile backsplash, balconies, stainless steel GE appliance package, entertainment sized kitchen islands, designer lighting package.
- Occupancy: The property is 91% leased as of 04/09/2025.
Location
On the edge of the city’s urban neighborhoods of Uptown, Villa Heights and NoDa sits Broadstone Optimist Park. With its convenient location along the LYNX Light Rail and the stroll-friendly Rail Trail, Optimist Park is the perfect home for those seeking their own slice of Charlotte. From thriving restaurants and breweries to the urban greenway and easy access to I-277, everything the Queen City has to offer is within reach of our apartments near Plaza Midwood.
Optimist Park is seeing steady growth with new development and strong market fundamentals. Optimist Hall anchors the area with 25+ food stalls, shops, and restaurants. Nearby, Urban District Market adds even more local flavor with culinary vendors, food trucks, and community events. With average household incomes over $121,000 and a projected 5.1% annual rent growth (CAGR), the neighborhood offers strong upside for both renters and investors.
About Origin Exchange
Through the Origin Exchange program, investors can exchange up into institutional-quality real estate and exchange out of active management. Key benefits include:
- Low-Fee DST: Syndicated DSTs through brokers can have upfront fee structures as high as 14%. Origin Exchange’s fee structure is simple: We charge an acquisition fee and a fee for organizational and offering expenses. And we don’t pay any brokerage sales commissions, which means more of an investor’s capital is going into the purchase of real estate.
- Defer Your Taxes Indefinitely: Taxes including federal capital gains, state income and depreciation recapture are deferred and the basis from the original property rolled over.
- Generate Passive Income: Landlords exchange day-to-day property management for the benefits of a passive, monthly income stream.
- Access Institutional-Quality Real Estate: Investors can exchange privately held properties for interest in Class A multifamily assets sourced and managed by our team of experts.
- Simplify Estate Planning: Beneficiaries inherit interest in a security, rather than a property, through an estate or trust—with little or minimal tax implications if they decide to liquidate the real estate.
Talk to Our Team
Schedule a call to learn more about investing with Origin.
