55 Regal Oaks

55 Regal Oaks, LLC purchases 280 unit English Hills Apartments in Charlotte, North Carolina for $10,150,000. 55 Regal Oaks, LLC assumes existing financing through April of 2014 from Midland Bank for $6,750,000 at 4.87%. Complex name is changed to The Oasis at Regal Oaks. A two million dollar renovation is planned.

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