SOLD
Legacy Grand at Concord Apartments
4600 MBA Court, Concord, NC 28027
Property Overview
Legacy Grand at Concord is a 240-unit, Class A apartment community located in Concord, North Carolina that was constructed in 2010. The property is situated on 18.4 acres and includes 17 residential buildings and a single-story clubhouse and office.
Of the residential buildings, there are eight two-story buildings with 64 attached garages, five three-story buildings and four four-story buildings, which provide a variety of floor plans for residents. Units feature 9-foot ceilings with elegant crown molding, walk-in closets and dark-wood-finished cabinetry.
Investment at a Glance
Location: Concord, N.C.
Property Type: Class A Apartment Community
Acquisition Date: February 19, 2014
Purchase Price: $28,000,000
No. of Buildings: 17
No. of Stories: 2, 3 and 4
No. of Units: 240
Square Footage: 283,783 SF
Year Built: 2010
Leased Percentage (at the time of Acquisition): 91%
$28,000,000
Total Purchase Price
286,500
square feet
Total Rentable Area
240 Unit
Apartment Community
