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National  + North Carolina  + Apartments  |  December 18, 2019
David Cohen
By: David Cohen

Metro Charlotte MF Community Trades Hands for $40M

Cushman & Wakefield has arranged the $40.4 million sale of Legacy Village, a 229-unit apartment community in Mooresville, N.C., approximately 30 miles north of Charlotte.

Built in 2017, Legacy Village features modern designs and a suite of high-end amenities. The property is located along the quickly expanding Lake Norman corridor in Mooresville.

Jordan McCarley, Marc Robinson and Watson Bryant of Cushman & Wakefield represented the seller, Charter Properties, in the transaction. Blaze Partners acquired the property.

“Within walking distance to Lowe’s Corporate Headquarters, Legacy Village boasts high caliber construction in Charlotte’s key Mooresville employment nucleus that continues to see development, while offering a rare Class A value-add opportunity to new ownership,” said CushWake’s McCarley.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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