| Investors snapping up apartment communities, as well as a rental townhome property, represented New Hanover County’s highest real estate sales in 2018, according to tax data, with the top two located in Wilmington’s midtown area. 1. Property: St. Andrews Reserve Apartments  814 St. Andrews Drive Price: $48.5 million Buyer: Kettler, a Virginia-based firm Seller: AGM Wilmington LLC No. of units: 390 (sale also included unused land) Year built: Phase 1 in 1999 and Phase 2 in 2003 Month sold: October |
2. Property: Crosswinds Apartments  1108 St. Andrews Drive Price: $43 million Buyer: Florida-based Priderock Capital Partners Seller: Bedrock Holdings II LLC No. of units: 380 Year built: 1990 Month sold: June |
3. Property: Myrtle Landing 7220 Myrtle Grove Road Price: $30.25 million Buyer: Spyglass Capital Partners, based in New Jersey Seller: Tribute Companies No. of units: 144 rental townhomes (sale also included unused land) Year built: 2016-17 Month sold: April |
4. Property: The Preserve at Pine Valley (formerly Governour’s Square Apartments)  3314 Wickslow RoadPrice: $18.4 million Buyer: Latitude Real Estate Investors of Beverly Hills, California Seller: Governours Square Club LLC No. of units: 219 Year built: 1974; effective year built: 2000 Month sold: March |
5. Property: Hanover Landing Apartments  3439 Wilshire Blvd. Price: $16.25 million Buyer: Hanover Landing 2018 LLC, based in New Jersey Seller: Heritage Hanover LLC No. of units: 112 Year built: 1967; effective year built: 1985 Month sold: June |
Passenger Rail Study Offers New Details About Proposed Wilmington To Raleigh Route
Emma Dill
-
Apr 22, 2024
|
|
Severe Weather Postpones Trump Rally In Wilmington
Emma Dill
-
Apr 20, 2024
|
|
Will NC Be CNBC's Three-time Top State For Business?
Audrey Elsberry
-
Apr 22, 2024
|
“My mission and my goal is to take my love of marine science, marine ecosystem and coastal ecosystems and bring that to students and teacher...
With millions in committed funding from New Hanover County and the New Hanover Community Endowment, along with a land donation from the city...
Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...
The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.
