 |
| Marc Robinson |
CHARLOTTE,
NC — MHA has arranged the $13.9 million sale of the 137-unit Northwoods Townhomes, located at 411
Gregory Drive in Cary, North Carolina.
Marc Robinson, Jordan McCarley and
Watson Bryant of
MHA’s Charlotte, North Carolina, office represented the seller, QR Capital, in
the transaction. The buyer was a New Jersey-based private investor.
“The
Triangle apartment investment market continues to attract capital from both
domestic and international investors, with offerings receiving tremendous
interest,” Robinson said.
“Northwoods Townhomes’ prime location and exceptional
operating history should make this an excellent long-term investment for the
new owner.”
Amenities at
Northwoods Townhomes include a state-of-the art fitness center, outdoor
kitchen, Olympic-sized swimming pool and lighted tennis court. The property
also offers desirable, spacious townhome floor plans.
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)
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