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McDowell Properties Pays $38.1 Million for 232-Unit Apartment Complex in Charlotte

Locally Based Ferncroft Capital Sells Quail Valley on Carmel
By Hillary Engle
CoStar Research
November 20, 2020 | 11:10 P.M.

McDowell Properties, an Addison, Texas-based multifamily operating company, has purchased a garden-style, 232-unit apartment complex in Charlotte, North Carolina, for $38.1 million.

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News | McDowell Properties Pays $38.1 Million for 232-Unit Apartment Complex in Charlotte