Monday, January 11, 2016

Multi Housing Advisors Brokers $14.2 Million Sale of Apartment Community in Charlotte, NC

The Vyne on Central Apartments, Plaza Midwood Neighborhood, Charlotte, NC

Marc Robinson
CHARLOTTE, NC (Jan. 11, 2016) — Multi Housing Advisors (MHA) has arranged the $14.2 million sale of The Vyne on Central, a 98-unit apartment community located in the Plaza Midwood area of Charlotte, North Carolina.

Marc Robinson, Jordan McCarley and Watson Bryant of MHA’s Charlotte office represented the seller, an affiliate of Gulfshore Capital Partners, in the transaction. The property was purchased by Whitaker Capital.

“Charlotte’s high quality of life and strong economic base have driven population growth, thus fueling continued demand from investment capital,” McCarley said. 

“This property’s unique size and location in Charlotte’s most unique neighborhood offers a combination of convenience and efficiency that caters to its eclectic population.”

The Vyne on Central is comprised of condo-quality units situated in the burgeoning Plaza Midwood area, one of Charlotte’s fastest growing neighborhoods. Originally conceived as a condominium project, the site was completed in 2014 as an apartment community.

For a complete copy of the company’s news release, please contact:

Deborah Rogers
Multi Housing Advisors

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