 |
| Tides at Calabash apartments, Sunset Beach, NC |
CHARLOTTE, NC — Multi Housing Advisors (MHA) has brokered
the $12.6 million sale of Tides at Calabash in Sunset Beach, North
Carolina, and the $15.1 million sale of Cherry Grove Commons in North
Myrtle Beach, South Carolina.
Marc Robinson, Jordan McCarley and Watson Bryant of
MHA’s Charlotte office represented the sellers in the transactions. Hamilton
Point Investments LLC acquired both properties and did not use a broker. The
two properties are approximately 15 miles apart.
Berkadia sold the 168-unit Tides at Calabash, located at
7112 Town Center Road. The property, built in 2011, includes a business center,
fitness center, bocce ball court, pool, volleyball court, and grilling and
picnic areas.
 |
| Marc Robinson |
Aspen Square Management sold the 172-unit Cherry Grove
Commons, located at 1100 David St. The property, built in 2001, includes a
business center, fitness center, pool and laundry facility.
“We continue to see strong investor interest for Class A
multifamily assets in the primary and secondary markets throughout the
Carolinas,” McCarley said.
For a complete copy of the company’s news release, please
contact:
Stephen Ursery
The Wilbert Group
404-549-7150 (O) 404-405-2354 (C)
No comments:
Post a Comment