MHA Brokers $13.9M Sale of Apartment Community in Triangle Area

CARY, N.C. — Multi Housing Advisors (MHA) has brokered the $13.9 million sale of Northwoods Townhomes, a 137-unit apartment community located at 411 Gregory Drive in Cary, a town in North Carolina’s Triangle region. The property’s amenity package includes a fitness center, outdoor kitchen, swimming pool and lighted tennis court. Marc Robinson, Jordan McCarley and Watson Bryant of MHA’s Charlotte office represented the seller, QR Capital, in the transaction. The buyer was an undisclosed private investor based in New Jersey.