Wickenden Partners Acquires Multifamily Portfolio In Shelby & Concord, NC

The multifamily property located at 908 Hampton Street and 928 Brunting Lane in Shelby and Concord, NC has been sold in a recent transaction. The sale was facilitated by Wickenden Partners' representatives, Cyrus Mojdehi, Daniel Hirschberg, and Jay Royster. The seller of the property was Glenn Hackney.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $13,300,000
• Units: 117
• Price per Unit: $113,675
• Square Footage: 120,134
• Price per Square Foot: $111

The deal involved a total of 117 units, with a price per unit of $113,675. The property spans over 120,134 square feet, amounting to a price per square foot of $111. Wickenden Partners, represented by Cyrus Mojdehi, Daniel Hirschberg, and Jay Royster, successfully completed the transaction on behalf of the buyer. Glenn Hackney acted as the seller in this deal.