Alabama Investor Bags Three Charlotte Apartments For $38M

Birmingham, AL-based LIV Apartments Partners purchased three Charlotte apartment properties, all which were built in the late 1990s, for more than $38M. The properties include the 249-unit Mission Harris Pavilion, the 207-unit Mission Reedy Creek, and the 162-unit Mission Concord Place. LIV specializes in Class-A and B multifamily in secondary and tertiary markets in the South, the Charlotte Business Journal reports. The seller, Mission Charlotte DST, was repped by Multi Housing Advisors. [CBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

Battered Mortgage REIT Suspends Dividend To Preserve Cash

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague

Capital Flooded Into Bay Area Apartments. Then Treasury Yields Spiked

The New Challenge For Apartment Managers: Proving Listing Photos Are Real

How Pacific Northwest Multifamily Owners Are Using Sustainability To Strengthen Asset Performance

Charlotte Extends Data Center Moratorium For 11 More Months

Hudson Pacific's Historic San Francisco Conversion Project Gets Approval

FIRST DRAFT LIVE: Why Sun Belt Multifamily Giant Cortland Is Moving Its Money North

NYC's All-Electric Building Push Created A Heat-Billing Puzzle. The LFG Split Utility Panel Could Solve It