Northwood sells 402-unit Huntersville Rental Community, Holly Crest Apartments to Mesirow for $119.5M ($297k/unit)

  • 7/11/2025

|

Connect CRE
• Subcategory:
• Tag:
• Additional Filters-Subcategory:
• Additional Filters-Tags: ,

Northwood Ravin has sold a 402-unit Huntersville multifamily community for $119.5 million, or about $300,000 a unit. The Holly Crest Apartments was purchased by Mesirow.

Northwood Ravin completed the community in 2015. The complex is off Holly Crest Lane near Statesville and Sam Furr roads. Residents can enjoy a fully equipped fitness center, pool, relaxing sauna, golf simulator, and dedicated dog park. Room sizes range from 636 to 1,598 square feet, and monthly rents range between $1,520 and $2,748.

Northwood Investors
Brady Thurman | Sr. Managing Director, Co-Head of Acquisitions U.S.
Mesirow Financial
Tim Strang | SVP, Acquisitions, Institutional Real Estate Direct Investments

Additional Filters

Subcategory
Tags