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Southwood Realty Pays $54 Million for Wilmington Multifamily Complex

McAdams Homes Sells 324-Unit Belle Meade Apartment Homes
By Alicia Biggs
CoStar Research
January 13, 2021 | 9:34 P.M.

Southwood Realty has purchased Belle Meade, a 324-unit apartment complex in Wilmington, North Carolina, from McAdams Homes for $54 million, or about $129,000 per unit.

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