October 30

Gvest Capital To Built 10-Unit Townhouses In South Charlotte

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Gvest Capital, a real estate investment and development firm has confirmed its plans to develop a 10-unit townhome project on Rea Road in South Charlotte.

The company plans to built the townhouse in a 1.3 acre lot on Rea Road adjacent to Souther Styles Nursery & Garden Center. Based on the property records, Gvest’s affiliate has bought the said lot last summer for $560,000.

The townhomes, inspired by New England-style architecture, will feature three bedrooms, 2,000 to 3,000 square feet big with a starting selling price of $400,000. The said project is expected to attract homebuyers who are planning to downsize from a much large property.

Charlotte-based firm Gvest Capital is the developer behind The Yards at NoDa apartment complex.


Tags

Charlotte, Charlotte Real Estate, Gvest Capital, How’s the Market TV, Nancy Braun, North Carolina, Real Estate, showcase realty, Townhomes, townhouses


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