Northmarq’s Investment Sales team completes $41.39M sale of Laurel View Apartments in Concord, NC

CONCORD, N.C. — Northmarq’s Carolinas Investment Sales team led by Andrea Howard, John Currin, Austin Jackson, Jeff Glenn and James Dorsett successfully completed the $41.39 million sale of Laurel View Apartments, a 174-unit garden apartment community located at 350 Joshua Pl. in Concord, North Carolina.

Northmarq represented the seller, Gamma Real Estate. The buyer was Southwood Realty.

"Laurel View is a high-quality 2017-vintage asset positioned to deliver durable cash flow and long-term growth for its new owner. Concord continues to attract high-paying employers and outsized population growth, solidifying its position as one of the Charlotte region’s most dynamic and sought-after suburbs,” said Howard.

Built in 2017 and sitting on 11.3 acres, Laurel View offers residence a life of luxury, relaxation and convenience. The community features one-, two- and three-bedroom floorplans with luxury plank flooring, spacious granite countertops, open and airy floor plans, additional storage throughout the apartment, stainless steel appliances, modern cabinetry, large patios or balconies, and walk-in closets.

Community amenities include a state-of-the-art fitness center, resort-style swimming pool with cabanas, resident clubhouse and cyber café, outdoor entertainment areas and grilling stations, fire pit, pet park and spa, car wash station, package concierge service, online maintenance requests, and 24-hour emergency maintenance.

Laurel View boasts a location that provides residents with nearby access to shopping, dining and entertainment within minutes. It is also just blocks from Interstate 85 and roughly 20 miles from Uptown Charlotte.