HHHunt Acquires Multifamily Property In Charlotte For $91M

The multifamily property located at 2120 North Brevard St in Charlotte, N.C has been sold in a transaction on 11/17/2022. The property consists of 261 units, with a price per unit (PPU) of $348,659. The sale price for the property was $91,000,000, making it a significant transaction in the multifamily market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $91,000,000
• Address: 2120 North Brevard St, Charlotte, N.C
• Market: Charlotte, N.C
• Buyer: HHHunt
• Seller: Knightvest Residential
• Broker: JLL Capital Markets
• Units: 261
• Price per Unit (PPU): $348,659

JLL Capital Markets represented the buyer and seller, HHHunt and Knightvest Residential respectively, in this transaction. The involvement of JLL Capital Markets showcases their expertise in facilitating multimillion-dollar property sales. This transaction highlights the robust real estate market in Charlotte, N.C, attracting reputable buyers and sellers.