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7740 Liberty Row Drive

Updated Aug 26, 2026

SOLDMultiFamily

A. Bradley Hill Of Mid-America Apartment Communities Acquires Multifamily Property For $116.3M In Charlotte

7740 Liberty Row Drive & 7741 Liberty Row Drive

$116,300,000

Units

239

Asset Type

MultiFamily

Closing

Aug 26, 2026

About this deal

AI

The property involved in this transaction is located at 7740 & 7741 Liberty Row Drive, Charlotte, NC. It is a multifamily asset consisting of 239 units, which were sold for a total amount of $116,300,000, translating to approximately $486,611 per unit. The property, initially developed as Modera Liberty Row, had undergone reconstruction after a fire in 2023 that impacted one building and caused significant damage to another. Residents had started moving in during the summer following the renovation.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $116,300,000
  • Units: 239
  • Price Per Unit: $486,611
  • Buyer: A. Bradley Hill - Mid-America Apartment Communities, Inc.
  • Seller: William MacDonald - Mill Creek Residential
  • Transaction Date: 08/26/2026
  • Market: Charlotte, NC

A. Bradley Hill represented Mid-America Apartment Communities, Inc. in this acquisition, while William MacDonald represented Mill Creek Residential as the seller. The transaction highlights the involvement of major players in the multifamily real estate sector within the Charlotte market.

On the Map

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$116,300,000

MultiFamily

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Players

A. Bradley Hill

Mid-America Apartment Communities, Inc.

Buyer

$116.3M

vol

1 deal

Buyer

William MacDonald

Mill Creek Residential

Seller

$601.3M

vol

6 deals

Seller

Row MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $486.6K per unit across 239 units on a published $116.3M (2026).

Visit William (Bill) MacDonald to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.14%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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