Pricey properties: These 8 locations sold for millions

May 14–A gated apartment community tops the list of priciest property sales for Gaston County in April. The property housing Walker’s Ridge apartment sold for $13 million, according to Gaston Real Data, which uses county property and tax records.

In all, eight properties sold for more than $1 million last month, including the site of a new charter school building, three medical offices, a hotel and a beloved doughnut chain.

The luxury apartment community at Walker’s Ridge boasts such amenities as a saltwater pool, a clubhouse, a fitness center and controlled gate access. The property changed hands from 9535 Acer LLLP to Arim Walkers Ridge LLC on April 27, according to county tax records.

Three LLCs (each named after the address of the corresponding property) bought foreclosed medical office sites in Stanley, Belmont and Gastonia on April 3. The first, 700 N. Main St. in Belmont, was purchased for $1,320,000 on April 3. The other two, 209 Park St. in Belmont and 2711 X-ray Drive in Gastonia, sold for $2,365,500 and $3,480,000, respectively.

Piedmont Community Charter School, meanwhile, bought 43 acres at 2540 Robinwood Road on April 20 for $1,483,000. The academy plans to use the site to build a new, 60,000-square-foot high school with athletic fields. The site is across the street from the Warlick Family YMCA.

Piedmont already has two campuses — one downtown and one on South New Hope Road — but officials say the locations are running out of room. In recent years, the South New Hope campus has added mobile units for some of its high-school activities.

“We are out of space at the secondary campus, and there is so much more that we want to do and provide for our high school students,” Jennifer Purdee, Piedmont’s head of school, told The Gazette earlier this year.

In Lowell, Indian Walk Properties LLC bought the Indian Motorcycle Charlotte, the “flagship” dealer of the reborn classic motorcycle company, for $1.6 million.

Tim Sutherland of South Carolina and Lloyd Greer of New York are behind the April 12 purchase. Former owner Mark Moses, who founded the dealership, will stay on as general manager.

“Indian is America’s first motorcycle company,” Sutherland told The Gazette during a visit to the store last month. “It represents some of the best bikes ever made. It’s an American motorcycle company — there’s so much heritage.”

Krispy Kreme at Franklin Square also changed hands last month — for $1,970,000. The drive-thru doughnuts-and-coffee shop was sold by the company to Broadstone KKD Portfolio LLC on April 2. There have been no reported interruptions in doughnut-making.

Finally, MDH-Gastonia LLC bought the site of Holiday Inn Express Charlotte West Gastonia at 1911 Broadcast St. for $8,6750,000 on April 27.


This article provided by NewsEdge.