Community Solutions Acquires 297-Unit Multifamily At 2051 Establishment Way For $66.2M
North Carolina
See Similar DealsCommunity Solutions Acquires 297-Unit Multifamily At 2051 Establishment Way For $66.2M
2051 Establishment Way
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The multi-family property located at 2051 Establishment Way in Charlotte, NC, encompasses 297 units and has a transaction price of $66,200,000. Built in 2023, the community includes various apartment types and amenities. It benefits from proximity to highways and shopping centers.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $66,200,000
- Units: 297
- Price Per Unit: $222,896
- Buyer: Community Solutions
- Seller: Arlington Properties
- Lender: National Equity Fund
- Loan Due: 2032
In this transaction, Arlington Properties sold the 297-unit property to Community Solutions, with financing provided by National Equity Fund. The deal highlights the collaboration between these entities in the multi-family housing market.
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