Ascent Housing Acquires 266-Unit Multifamily Property Charlotte Woods In Charlotte, NC For $37M

Ascent Housing, an affiliate of Ascent Real Estate Capital, has acquired Charlotte Woods, a 266-unit apartment property in Charlotte, North Carolina. The property was purchased for a total price of $37 million.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $37,000,000
• Units: 266
• Price per Unit (PPU): $139,098
• Address: 1116 Scaleybark Road, Charlotte, NC
• Market: Charlotte, NC

Paul Dolan, representing Ascent Housing, was the buyer in this transaction. Charlotte Woods offers a prime investment opportunity in the thriving Charlotte market.