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

/

131 Gracyn Olivia Drive

Updated Sep 24, 2026

Matthew A. Sharp & J. David Kelsey Of Hamilton Point Investments Acquire Multifamily Community In Charlotte For $56.75M
SOLDMultiFamily

Matthew A. Sharp & J. David Kelsey Of Hamilton Point Investments Acquire Multifamily Community In Charlotte For $56.75M

131 Gracyn Olivia Drive

$56,750,000

Units

294

Asset Type

MultiFamily

Closing

Sep 24, 2026

About this deal

AI

The property asset involved in this transaction is a 294-unit multifamily community known as Pavillion Village, located at 131 Gracyn Olivia Drive in Charlotte, NC. The community was sold for $56,750,000 and is situated on 26 acres, with each unit averaging 910 square feet. The property has been constructed in 2015 and is currently 96% leased, featuring amenities such as a clubhouse, resort-style pool, fitness center, business center, and dog park.

Summary of transaction details:

JLL Capital Markets facilitated the sale of Pavillion Village, representing the sellers Pearlmark and BCAP Properties while procuring the buyer Hamilton Point Investments. The transaction reflects the strength of the multifamily sector in the Northeast Charlotte market.

Players

John Gavigan

JLL

Broker

$120.2M

vol

4 deals

Broker

Matthew A. Sharp

Hamilton Point Investments LLC

Buyer

1 deal

Buyer

Stephen Quazzo

Pearlmark

Seller

$397.3M

vol

6 deals

Seller

Charlotte MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $193K per unit across 294 units on a published $56.8M (2026).

Visit John Mikels to view all their deals.

Browse Charlotte multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.28%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets