Bell Partners Acquires Multifamily Property In Charlotte, NC For $165M

The multifamily property located at 355 W Martin Luther King Jr Blvd in Charlotte, NC has been sold in a recent transaction. The property consists of 352 units and was acquired by Bell Partners from the seller, Childress Klein. The sale price for the property was $165,000,000, resulting in a per unit price of $468,750.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $165,000,000
• Address: 355 W Martin Luther King Jr Blvd, Charlotte, NC
• Market: Charlotte, NC
• Buyer: Bell Partners
• Seller: Childress Klein
• Brokers: Andrea Howard, Allan Lynch, John Currin, Caylor Mark & Jeff Glenn - Northmarq
• Units: 352
• Price per Unit: $468,750

The deal was facilitated by the brokers Andrea Howard, Allan Lynch, John Currin, Caylor Mark, and Jeff Glenn from Northmarq. Their expertise and negotiation skills played a crucial role in the successful completion of this transaction.