Cushman & Wakefield Represents Bucci Development in Disposition of Suburban Charlotte Multifamily Community

The Village at Lake Wylie Sells for More Than $57.7M 

Cushman & Wakefield has arranged the $57.755 million sale of The Village at Lake Wylie in Lake Wylie, South Carolina, on behalf of Bucci Development. Jordan McCarley, Tai Cohen, and Marc Robinson of Cushman & Wakefield represented Bucci in the transaction with Southwood Realty/Triangle Real Estate. 

Developed in 2002 by Bucci Development, the 392-unit, gated apartment community features an attractive amenities package including a clubhouse with business center and fitness center, swimming pool with modern sun deck, an outdoor fire pit, grilling patio, lake access, complimentary boat parking, a professional-size tennis court, putting green, paved walking trail, playground and car care center. 

“The Village at Lake Wylie is situated in the booming southwestern submarket of Charlotte that is marked by development and easy access to both high-end retail and jobs,” McCarley said. This will be a very fruitful investment for Southwood Realty/Triangle Real Estate to capitalize on the continued organic growth seen in this region.” 

Cushman & Wakefield’s Southeast Multifamily Advisory Group ranked No. 1 in market share in 2018 based on closed transactions, totaling more than $4.5 billion in sales volume, according to Real Capital Analytics. For more information about Cushman & Wakefield’s Southeast Multifamily Advisory Group, visit https://multifamily.cushwake.com. 

2019-07-15T09:45:24-04:00July 17th, 2019|In the News|