Eller Capital Partners has paid $21.75 million for the 140-unit Reserve at Waterford Lakes multi-housing property in Charlotte, N.C.
Largely unrenovated, Reserve at Waterford Lakes features one- and two-bedroom options with differentiated features such as elegant built-in shelving, crown molding and semi-open concept floorplans. Community amenities include a pool, clubhouse, picnic and grilling areas, fitness center, Bark Park and a business center.
The apartments are located at 8725 Kody Marie Court and positioned near many restaurant, nightlife and retail options, and just 20 minutes from the bustling Downtown Charlotte. Nearby are prominent neighborhoods poised for continued growth, including SouthPark and Quail Hollow, and within walking distance, the Lynx Blue Line, which offers additional access across the Charlotte area.
“Reserve at Waterford offers a boutique community-feel with some of the most well-designed floorplans in the Charlotte market,” sai
