
If approved by the county, 10 four-story buildings with one-, two- and three-bedrooms units would rise on 22 acres at 1650 Mall Drive.
If approved by the county, 10 four-story buildings with one-, two- and three-bedrooms units would rise on 22 acres at 1650 Mall Drive.
Gagan Marwaha added Cameron Lofts at 325 Brown St. to his portfolio. It features 33 one- and two-bedroom apartments as well as about 26,000 square feet of office space.
A Florida buyer paid $71.6 million for the 248-unit Boulders Lakeside, while the 312-unit Park West End changed hands for $59.3 million.
South Falls II would be similar to the 14-story, 256-unit South Falls I, while a potential South Falls III could be a smaller condo building upstream.
The list includes a data center and office buildings, but seven of the priciest properties were apartment complexes.
The newly built apartment complexes both sold for around the same price, but one’s per-door breakdown approached a recent record.
Harper Associates had previously planned a second phase with townhomes or a mix of apartments and single-family homes.
“These guys are also reaching a point in their age where they looked around and said, ‘Maybe we should just sell the whole deal and let somebody else build it,’” said broker Bruce Milam.
The local developer wants to replace a parking lot adjacent to his office at 208-212 E. Leigh St. with 63 apartments in a five-story structure.
The purchase price for the Crystal Lakes Apartments equates to just over $148,000 per door. It last sold for $37.5 million in 2017.
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