Northmarq Arranges $41.4M Sale of Laurel View in Concord, North Carolina

CONCORD, N.C. — Gamma Real Estate has sold Laurel View Apartments in Concord to Southwood Realty for $41.4 million. Northmarq’s Carolinas Investment Sales Team that arranged the sale was led by Andrea Howard, John Currin, Austin Jackson, Jeff Glenn and James Dorsett. Developed in 2017 on approximately 11 acres, the 174-unit property is located 20 miles northeast of Charlotte. The community features one-, two- and three-bedroom floor plans outfitted with luxury vinyl plank flooring, granite countertops, stainless steel appliances, walk-in closets and patios or balconies. Amenities include a fitness center, resort-style pool with cabanas, a clubhouse and cybercafé, outdoor entertainment areas and grilling stations, a fire pit, pet park and spa, a car wash station, package concierge service, online maintenance request services and 24-hour emergency maintenance.