Charlotte $32,550,000 Multifamily CRE Portfolio SOLD
G Brokerage announces the sale of a $32,550,000 Multifamily Portfolio consisting of 332 apartments in Charlotte and Concord, NC to Cedar Grove Capital.
CHARLOTTE, NC - 09/08/2017 /EASY NEWSWIRE/ — G Brokerage is proud to announce the sale of a $32,550,000 Multifamily Portfolio consisting of 332 apartments in Charlotte and Concord, NC to Cedar Grove Capital.
The portfolio consisted of:
-
Park Lane Apartments, 1615 Waybridge Lane, Charlotte, 60 Units
-
Stone Gate Apartments, 920 Southwood Oaks Lane, Charlotte, 144 Units
-
Tower Place Apartments, 51 Tala Drive SW, Concord, 128 Units
“Multi Family properties continue to be a strong asset with the supply exceeding the demand in the Charlotte market.” - Gordon Allebach, CEO, G Brokerage
Cedar Grove Capital has been acquiring properties throughout the Charlotte region for the past several years.
Gordon Allebach (CEO, Broker in Charge) and Mary Kay Chandler (Broker) of G Brokerage Commercial Real Estate Firm represented the seller. G Brokerage has more than 20 years experience helping businesses and investors acquire commercial properties throughout Charlotte.
For more information visit Gbrokerage.com.
Media Contacts:
Company Name: JenniferFull Name: G Brokerage
Phone: 4126543854
Email Address: gbrokeragemarketing@gmail.com
Website: http://gbrokerage.com/