Vestcor Sells Student Housing Communities in Charlotte

January 31, 2019
Vestcor Sells Student Housing Communities in Charlotte

JACKSONVILLE, FL – January 31, 2019 –   Vestcor is pleased to announce the sale of The Flats at Campus Pointe and The Flats at Mallard Creek in Charlotte, North Carolina.

The Flats at Mallard Creek, a 386-bed luxury student housing community, was developed in 2010 by Vestcor Communities. The Flats at Campus Pointe, a 180-bed luxury student housing community, was developed by Vestcor Communities in 2012. The spacious floorplans come fully furnished, including a washer and dryer and TV in the living room. Both communities offer resort-style amenities including a spacious pool and sun deck, summer kitchen, a first-class fitness facility and an ultra-modern community center including an internet café, billiards room and hospitality bar. The Flats communities, located within a mile of the University of North Carolina – Charlotte, have both maintained strong occupancy since completion.