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The Reed apartments in Charlotte, NC

Updated

The Reed

401 S Graham St, Charlotte, NC 28202, USA

4.3 (150 reviews) Official Website

Live pricing, refreshed

3
Units Listed
$2,434
Starting at
$3,259
Average
$3,796
Highest
$3.75
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Charlotte center city rent trends

Beds

Pricing by Bedroom

Studio
$2,434
from $2,434 · 1 units
~576 sqft avg
1 Bed
$3,546
from $3,546 · 1 units
~847 sqft avg
2 Bed
$3,796
from $3,796 · 1 units
~1,184 sqft avg
Specials Available 3 units

up to 6 weeks free

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (3)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$3,014/mo

from 2 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,507

vs $3,259 current asking ($1,752 negotiation gap)

Recent Lease Activity

5 units tracked; 2 assumed leased, 3 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

3

Limited availability

3 floor plans

Move-in Specials

3

3 units with active promos

Use competing promos as leverage

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

3 units
Studio Studio + 1 Bath
$2,434/mo
576 ft² · $4.23/ft² · #Studio + 1 Bath
up to 6 weeks free
Up $137 since Aug 20 (was $2,297)
1 Bed 1 Bedroom + 1 Bath
$3,546/mo
847 ft² · $4.19/ft² · #1 Bedroom + 1 Bath
up to 6 weeks free
Up $1,077 since Aug 22 (was $2,469)
2 Bed 2 Bedroom + 2 Bath
$3,796/mo
1,184 ft² · $3.21/ft² · #2 Bedroom + 2 Bath
up to 6 weeks free
Up $87 since Aug 15 (was $3,709)

Train activity

Severe nighttime trains

Freight line 809 ft away · 22 trains/day

  • 10 daytime, 12 overnight
  • Crossing 809 ft away. Horns expected day and night.
  • Operator: NS

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Charlotte, NC notes

No resident notes for this property yet.

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