Bridges at Quail Hollow Charlott NC Exterior IMG

Investors Management Group (“IMG”), Inc. recently acquired Bridges at Quail Hollow, a 90-unit townhome community in Charlotte, NC. The acquisition closed March 1, 2017.

THE OPPORTUNITY:
Unique opportunity to purchase a B-quality asset in an upscale neighborhood with strong upside in rents. IMG’s business plan includes a value-add component along with improved management to capitalize on a rising market.

THE LOCATION:
By far the largest city in North Carolina, Charlotte‘s population has expanded at a pace three times faster than the National Index average over the last decade and is forecasted to hit the 3 million mark by 2030.

Bridges at Quail Hollow is located in the wealthy and rapidly growing SouthPark area ($92,000/avg. household income). The prestigious, neighboring Quail Hollow Club is set to host the 2017 PGA Championship.

“The Queen City is shining bright and enjoying healthy market fundamentals.”

CoStar, Dec. 2016

Bridges at Quail Hollow Charlotte NC exterior2 IMG bridges quail hollow NC Kitchen 2 IMG Bridges at Quail Hollow Charlotte NC poolIMG website

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