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NAI Piedmont Triad & NAI Earle Furman’s Multifamily Division Close $9.6MM Transaction

10/30/2017

NAI Piedmont Triad & NAI Earle Furman’s Multifamily Division Close $9.6MM Transaction

Kernersville, North Carolina – October 27, 2017 – Kerner Mill Townhomes consisting of 160 units and built in 1995 sold for $9.6MM. Stanhope Johnson of NAI Piedmont Triad and Tony Bonitati, Kay Hill and Bern DuPree of NAI Earle Furman’s Multifamily Division represented the Seller, Pope Companies, Inc.  The Buyer, Morrison Avenue Capital based out of California was unrepresented in the transaction.  The property was fully occupied at the time of sale and the Buyer plans to hold the property as a long-term investment.

 

About NAI Earle Furman

Based in Upstate South Carolina, NAI Earle Furman is a leading full-service commercial real estate firm specializing in the office, industrial, investment, retail, multifamily, healthcare and land sectors. They offer a wide range of services including sales, leasing, development, site selection, consulting, and property management. NAI Earle Furman completed nearly 650 transactions in 2016.  A partnership with NAI Global allows NAI Earle Furman to access a network of worldwide real estate connections and offer international commercial real estate services to Upstate clients while retaining local personality and knowledge.

 

For more information, visit www.naiearlefurman.com.

Source

NAI Earle Furman

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