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| The Vyne on Central Apartments, Plaza Midwood Neighborhood, Charlotte, NC |
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| 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
404.645.7275
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