Waypoint Residential Acquires 576-Bed Community Near UNC Charlotte

by Randy Shearin

Charlotte, N.C. — Waypoint Residential LLC has acquired 901 Place, a 576-bed student housing community that serves the University of North Carolina (UNC) at Charlotte.

The name of the seller and sales price were not disclosed. Constructed in 2000, the garden-style community features a clubhouse, computer room, game room, swimming pool, fitness center, yoga studio, sand volleyball courts, tennis courts and basketball courts. Waypoint plans to invest $3 million in property upgrades across unit interiors, common areas and amenities.

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