Connect Media > Atlanta News > Southeast Atlanta > Charlotte MF Property Trades for $38M

November 9, 2020 Comments Off on Charlotte MF Property Trades for $38M Views: 435 Atlanta News, Southeast Atlanta

Charlotte MF Property Trades for $38M

Order Reprints...

Newmark has arranged the $38.1 million sale of Quail Valley on Carmel, a 232-unit multifamily property in Charlotte.

The garden-style property includes 22 two-level buildings, with units consisting of one-, two- and three-bedroom floorplans. The apartments include air conditioning, modern appliances, hardwood flooring, wood-burning fireplaces, and a private patio or balcony. Spanning nearly 34 acres, the pet-friendly community features walking and biking paths, a clubhouse, resort-style pool, hammock garden, an outdoor fire pit, grilling and patio area and a pet park.

Dean Smith, John Heimburger, Sean Wood, Alex Okulski, Jason Kon and John Munroe of Newmark represented the seller, Charlotte-based Ferncroft Capital, in the transaction. The buyer was McDowell Properties.

Connect With McDowell Properties

Connect With Newmark’s Smith

Subscribe to Connect Daily Atlanta

For comments, questions or concerns, please contact David Cohen

Tags:

Comments are closed.