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American Landmark Acquires 449-Unit Multifamily In Charlotte, N.C. From Hercules Living For $103.1M

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SOLD
$103,100,000

North Carolina

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MultiFamily1,423 SF
Sold 11/09/2021
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Property Image
SOLD

American Landmark Acquires 449-Unit Multifamily In Charlotte, N.C. From Hercules Living For $103.1M

Perimeter Station Dr, Charlotte, NC, USA

See Similar Deals
MultiFamily1,423 SF
Sold 11/09/2021
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Summary

NORTH CAROLINA
Asset Type:MultiFamily
Price Per Square Foot:$72,452
Total Square Footage:1,423 SF
Transaction Type:Sale

The multifamily property located at 10051 Perimeter Station Dr in Charlotte, N.C. has been sold in a closed transaction. The property, marketed by Christine DeFilippis, features 449 units and was sold for a price of $103,100,000. This translates to an average price per unit of $229,621. The sale was facilitated by Newmark on behalf of the seller, Hercules Living.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $103,100,000
  • Address: 10051 Perimeter Station Dr, Charlotte, N.C.
  • Market: Charlotte, N.C.
  • Units: 449
  • Price per Unit: $229,621

American Landmark, represented by Christine DeFilippis, acquired the property from Hercules Living. The sale was facilitated by Newmark. This closed transaction showcases the role of various individuals and companies involved in the deal.

Players

6 deals$281.1M volume
BUYER

American Landmark Apartments
BUYER

Details

SOLD
IMAGE: Christine DeFilippis DATE: 11/09/2021 ADDRESS: 10051 Perimeter Station Dr MARKET: Charlotte, N.C. ASSET TYPE: Multifamily BUYER: American Landmark - Christine DeFilippis SELLER: Hercules Living BROKER: Newmark SALE PRICE: $103,100,000 UNITS: 449 ~ PPU: $229,621

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