Ascenda Capital Acquires Multifamily Property In Charlotte, N.C For $38.1M

708 Glamorgan Way, located in Charlotte, N.C., has been sold in a recent multifamily property transaction. The asset, consisting of 168 units, was sold to Ascenda Capital for a total of $38,100,000, equating to a price per unit of $226,786. The property is part of Windsor Apartment Villas & Homes LLC and TSH Aviation LLC's portfolio.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $38,100,000
• Address: 708 Glamorgan Way
• Market: Charlotte, N.C
• Buyer: Ascenda Capital
• Seller: Windsor Apartment Villas & Homes LLC, TSH Aviation LLC
• Broker: Capstone Apartment Partners
• Units: 168
• Price per Unit: $226,786

Capstone Apartment Partners acted as the broker in this transaction, representing both the buyer, Ascenda Capital, and the seller, Windsor Apartment Villas & Homes LLC and TSH Aviation LLC. This deal showcases the expertise of Capstone Apartment Partners in facilitating successful multifamily property transactions.