Ginkgo Residential Announces Purchase of 260-Unit Kimmerly Glen Apartments in North Carolina

Ginkgo Residential Announces Purchase of 260-Unit Kimmerly Glen Apartments in North Carolina

CHARLOTTE, NC - Ginkgo Residential announced the acquisition of Kimmerly Glen Apartments located in Charlotte, North Carolina. The approximately 15 acre property is comprised of 260 one and two bedroom apartment homes.

The property features a swimming pool, fitness center, walking trail, and tennis courts. Kimmerly Glen is approximately five miles east of downtown Charlotte and offers a convenient commute to both Pineville-Matthews and University areas. The property is also closely located to two other Ginkgo Residential communities.

“Ginkgo Residential is committed to the Charlotte area and to continue our focus on the ever growing need for workforce housing,” states Philip Payne, CEO of Ginkgo Residential. “The addition of Kimmerly Glen to our portfolio will help us meet our commitment to providing high quality apartment homes to residents in the workforce housing market.”

Ginkgo Residential is an industry leader focused on combining our core business of providing reasonably priced, high quality workforce housing with energy efficient programs that are environmentally sensitive. Ginkgo Residential is a significant operator of apartment communities located primarily in the Southeast region of the United States.
 

Source: Ginkgo Residential / #Apartments #Multifamily

More Stories

Get The Newsletter

Get The Newsletter

The latest multifamily industry news delivered to your inbox.