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 — 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: Jennifer
Full Name: G Brokerage
Phone: 4126543854
Email Address: Send Email
Website: http://gbrokerage.com/

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