Frank Forte Of Lucern Capital Acquires 102-Unit Multifamily Property In Charlotte For $10.2M

A multifamily property located at 1035 Marble St. in Charlotte, NC was recently sold for a price of $10,200,000. The transaction took place on 05/19/2021 and involved a total of 102 units. The sale price per unit was $100,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,200,000
• Address: 1035 Marble St., Charlotte, NC
• Market: Charlotte, NC
• Buyer: Frank Forte - Lucern Capital
• Seller: Daryl Pittman
• Brokers: Jonathan Brody & Dovi Aizenman from RosewoodRG

The buyer of the property was Frank Forte, representing Lucern Capital, while the seller was Daryl Pittman. The brokers involved in the deal were Jonathan Brody and Dovi Aizenman from RosewoodRG.