Sherman Residential Sells Multifamily Asset At 7015 Skye Bridge Way In Charlotte For $66.75M

The property asset involved in the transaction is a multifamily complex located at 7015 Skye Bridge Way in Charlotte, NC. The transaction was completed for a price of $66,750,000, encompassing 266 units within a total square footage of 250,000. The price per unit is calculated at $250,939, and the price per square foot stands at $267.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $66,750,000
• Units: 266
• Square Footage: 250,000
• Price per Unit: $250,939
• Price per Square Foot: $267
• Buyer: Welltower, Inc.
• Seller: Sherman Residential
• Brokers: Jacob Vogel & Steve David - Rosewood Realty Group

Jacob Vogel and Steve David from Rosewood Realty Group represented the seller, Sherman Residential, in this transaction. The buyer, Welltower, Inc., is a well-known player in the real estate sector, particularly within the multifamily housing market.