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Apartment Complex in Asheville, North Carolina, Sells for Nearly $117 Million

Capital Square’s Purchase Marks the Area's Priciest Multifamily Deal in at Least a Decade
The Retreat at Arden Farms apartment complex in Asheville, North Carolina, sold for $116.5 million. (CoStar)
The Retreat at Arden Farms apartment complex in Asheville, North Carolina, sold for $116.5 million. (CoStar)
CoStar News
June 21, 2022 | 11:13 P.M.

Virginia investor Capital Square has acquired a luxury apartment complex near Asheville, North Carolina, for about $117 million in the market’s priciest multifamily deal in at least a decade.

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