Local apartment complex sells for $43.8 million to NJ group journalnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalnow.com Daily Mail and Mail on Sunday newspapers.
A national multifamily residential management group has added a third Winston-Salem apartment complex to its entrance strategy into the market.
Braehill Gardens LP, an affiliate of Harbor Group International of Norfolk, Va., paid $35.7 million for Braehill Apartments at 200 Braehill Terrace Drive, according to a Forsyth County Register of Deeds filing that posted Monday.
The 310-unit complex, built in 1990, is located near South Peacehaven Road and U.S. 421.
In a register of deeds filing from Friday, Harbor paid $25.7 million for The Corners at Crystal Lake and $21.1 million for Mill Creek Flats, also in Winston-Salem.
Altogether, Harbor has paid $82.5 million for the three properties.