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Wickenden Partners Acquires 74-Unit Multifamily In Lincolnton For $8.3M

Property Image
SOLD
$8,300,000

North Carolina

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MultiFamily60,062 SF
Sold 02/16/2023
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Property Image
SOLD

Wickenden Partners Acquires 74-Unit Multifamily In Lincolnton For $8.3M

1615 Crossover Drive

See Similar Deals
MultiFamily60,062 SF
Sold 02/16/2023
the dealdetailscomps

Summary

NORTH CAROLINA
Asset Type:MultiFamily
Price Per Square Foot:$138
Total Square Footage:60,062 SF
Transaction Type:Sale

The multifamily property located at 1615 Crossover Drive in Lincolnton has been sold. The property consists of 74 units, with a price per unit of $112,162. The total square footage is 60,062, with a price per square foot of $138. The sale price for the property was $8,300,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $8,300,000
  • Units: 74
  • Price Per Unit: $112,162
  • Square Footage: 60,062
  • Price Per Square Foot: $138

The buyer of the property was Wickenden Partners, while the seller was The Garrison Family Of Lincolnton.

Players

Wickenden Partners
Wickenden Partners
BUYER

Details

SOLD
IMAGE: Cyrus Mojdehi & Danny Hirschberg DATE: 02/16/2023 ADDRESS: 1615 Crossover Drive MARKET: Lincolnton ASSET TYPE: Multifamily BUYER: Wickenden Partners SELLER: The Garrison Family Of Lincolnton SALE PRICE: $8,300,000 UNITS: 74 ~ PPU: $112,162 SF: 60,062 ~ PPSF: $138

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