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JEM Holdings Acquires Country Club Apts.

Monument Real Estate Services Sells Complex
January 27, 2015
An affiliate of New York City-based JEM Holdings acquired the 454-unit Country Club Apts. at 2332 Dunlavin Way in Charlotte for an undisclosed amount.

The 445,966-square-foot, two-story complex was built in 1969 on 28 acres near the Charlotte Country Club. Renovated in 1996, the community consists of 102 one-, 270 two- and 82 three-bedroom units. Occupancy was at 93% at the time of sale.

Marc Robinson, Jordan McCarley and Watson Bryant of Multi Housing Advisors brokered the sale on behalf of Monument Real Estate Services.

Please see CoStar COMPS #3191550 for more information on this transaction.
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