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Joint Venture Sells Charlotte Apartment Complex for $79.5 Million

GrayCo Picks Up 286-Unit Arlo
By Temitope O. Berry
CoStar Research
January 6, 2021 | 3:00 P.M.

A joint venture between ArchCo Residential and Bluerock sold Arlo, a 286-unit multifamily complex in Charlotte, North Carolina, to GrayCo for $79.5 million, or about $278,000 per unit.

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IN THIS ARTICLE


  • Properties
    • Arlo

      1331 Morehead St, Charlotte, NC

  • Contacts
News | Joint Venture Sells Charlotte Apartment Complex for $79.5 Million