FCP buys Charlotte, North Carolina apartment property for $22 mln

Federal Capital Partners, a real estate investment firm, has acquired Charlotte, North Carolina-based Hunters Pointe Apartments, a 386-unit, garden-style apartment community. The price of the acquisition was $22 million. FCP is planning on investing more than $2 million in Hunters Pointe to make capital improvements and add amenities, such as a new swimming pool, a new playground, a dog park and grilling stations.

17 October 2017•2 mins read
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