Wednesday, August 2, 2017

Alabama firm acquires east Charlotte apartment community for $19.8M

A real estate firm out of Birmingham, Ala., recently closed on its purchase of a multifamily community off East Independence Boulevard. LIV Development acquired W Flats at 7200 Wallace Road for nearly $19.8 million, according to Mecklenburg County real estate records. The 247-unit apartment development that delivered in 1986 was sold by Mesa Capital Partners out of Atlanta. Mesa acquired the property in 2013 for $13.3 million. Marc Robinson, Jordan McCarley and Watson Bryant with Cushman & Wakefield's…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2017/08/02/alabama-firm-acquires-east-charlotte-apartment.html?ana=RSS%26s=article_search

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