facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

North Carolina

/

Multifamily

/

Sale

/

11945 Crooked Stick Place

SOLDMultiFamily

Blaze Capital Partners Sells 107-Unit Charleston Row Townhomes In Pineville For $XXM

11945 Crooked Stick Place

Units

107

Asset Type

MultiFamily

Closing

Aug 17, 2026

AI

The property involved in the transaction is a multifamily asset known as Charleston Row Townhomes, consisting of 107 units. Located at 11945 Crooked Stick Place in Pineville, NC, this community was 98% occupied at the time of the closing on August 12, 2026.

Summary of transaction details:

The transaction reflects renewed institutional interest in the build-to-rent market in Charlotte. The seller, Chris Riley from Blaze Capital Partners, executed the sale with the assistance of Berkadia’s Charlotte team, highlighting the active participation of the brokerage in facilitating this deal.

Players

Caleb Troop

Berkadia

Broker

$495.8M

vol

10 deals

Broker
Chris Riley

Chris Riley

Blaze Capital Partners

Seller

$36.1M

vol

1 deal

Seller

Pineville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93