Henderson Properties facilitates $1.2 million apartment transaction

Diversified real estate company Henderson Properties recently represented the seller on the $1.2 million sale of a 61-unit apartment property in Monroe.

Located at the intersection of Castle Road and Riverside Lane, the 7.5-acre property went back to its lender in late 2015. Henderson Properties was hired to manage and lease the property, executing a turnaround strategy in order to increase its marketability.

The community received multiple purchase offers and was recently sold for $1.2 million to members of the Coroneos family, who have retained the Henderson Properties management team.

“This successful transaction reflects the continued demand for multifamily product in the greater Charlotte market and illustrates the breadth of services that Henderson Properties offers to real estate investors,” said Kevin McClave, director of sales and broker-in-charge for Henderson Properties Realtors.

Henderson Properties is a full‐service real estate company founded in 1990 by Phil and Shelly Henderson in Charlotte. The company provides services to real estate investors, homeowners, tenants and community associations in the areas of rental property management, leasing, community association management, property maintenance and home sales.

Henderson Properties has been dedicated to providing professional community association management in the Charlotte metropolitan area since 1990. The highly trained staff at Henderson Properties provides comprehensive association management services for single-family, townhome, and condominium communities such as Bradfield Farms and Cameron Wood. The company’s community association managers work closely with HOA boards to communicate timely and accurate information and provide the highest level of service possible.