CHARLOTTE, NC-Crescent Resources has sold Circle at South End, a 360-unit apartment complex in Charlotte, for $74 million to an undisclosed buyer. The apartment community was sold for about $205,555 per unit.
The complex, completed in 2009, is located at Bland Street and South Boulevard. It comprises studio units and single-, double- and triple-bedroom units. Crescent Resources did not reveal the identity of the buyer, but sources said that the new owner is Post Properties Inc. of Atlanta. For the full story, go to Charlotte Business Journal .
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