Crescent Communities Sells Multifamily Property In Charlotte, NC For $140M

The multifamily property located at 4015 Craft St in Charlotte, NC was sold on September 16, 2022. The property, owned by Crescent Communities, was sold for a total price of $140,000,000. The property consists of 344 units, with a price per unit of $406,977.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $140,000,000
• Units: 344
• Price Per Unit: $406,977

Crescent Communities acted as the seller in this transaction. The sale of the multifamily property in Charlotte, NC was a significant deal in the real estate market.