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.
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