Northmarq’s Multifamily Investment Sales team arranges $8.75M sale of Nu Wesley garden apartments in Charlotte, NC

CHARLOTTE, N.C. — Northmarq’s Charlotte Multifamily Investment Sales team led by Ron Corrao, Matthew Weinstein, Eric Liebich, Dane Lozier and Scott Fuller successfully completed the $8.75 million sale of Nu Wesley, a 59-unit garden apartment community located at 1052 McQuay St. in Charlotte, North Carolina.

Northmarq represented the seller, Nu Partners. The buyer was DreamKey Partners.

"We are pleased to announce the successful sale of Nu Wesley, a 59 unit multifamily community located in Charlotte’s Wesley Heights neighborhood,” Corrao said. “Nu Partners sold the asset to DreamKey Partners for $8.75 million, reflecting strong demand for well-located value add opportunities in the Charlotte market.”

Built in 1964, Nu Wesley features one and two-bedroom floorplans in six buildings sitting on approximately 3.11 acres. Units feature electric appliances, wood-style vinyl flooring, white shaker wood cabinetry, granite or quartz countertops, deep-basin sinks, patio or balcony and a walk-in closet.

Located in the Enderly Park and Wesley Heights area, the apartment community offers convenient access to Uptown Charlotte, located approximately three miles to the southeast. The property benefits from close proximity to Interstate 85 and Interstate 77, providing connectivity to Charlotte’s major employment centers, while also being near restaurants, coffee shops, grocery options, and neighborhood retail along Freedom Drive and Thrift Road. This prime infill location places the community within one of Charlotte’s most rapidly evolving neighborhoods, combining convenient urban access with a suburban feel.