Bell Companions Completes Acquisition of 260-Unit Century Plantation Pointe Condo Neighborhood in Mooresville, North Carolina

Bell Partners Completes Acquisition of 260-Unit Century Plantation Pointe Apartment Community in Mooresville, North Carolina

GREENSBORO, NC – Bell Partners, a leading US home investment and management firm, has acquired Century Plantation Pointe, a 260-unit community in Mooresville, NC, renamed Bell Lake Norman, becomes the 79th property to be Bell Partners currently owns or manages in his home state of North Carolina.

Bell Lake Norman was built in 2014 and is a garden style apartment community located along the I-77 corridor. The community gives residents access to several major employment centers including Uptown Charlotte, Huntersville, Cornelius, and Davidson. Over the past decade, Mooresville has seen its economy diversified and its major industries expanding, including manufacturing, healthcare, financial services, logistics and distribution, information technology, and agriculture. Major employers near the community include Lake Norman Medical Center, NGK Ceramics USA, BestCo, Pactiv Corporation, and Lowe's corporate headquarters.

Bell Lake Norman also provides convenient access to lifestyle amenities around the desirable Lake Norman – the largest lake in North Carolina. Local retailers nearby include Publix, Harris Teeter, Sam & # 39; s Club and dozens of local and national restaurants.

"The acquisition of Bell Lake Norman is a continuation of our strategy of acquiring high quality properties in growing submarkets of our target markets where we can add value through physical improvements to public areas and apartment interiors," said Nickolay Bochilo, EVP of Investments at Bell Partners. "The Charlotte area continues to see significant growth driven by job relocations, lower living costs and a warm climate, which should support favorable growth in tenant demand during our investment period."

Bell Lake Norman communal facilities include a coffee shop, saltwater pools with an outdoor kitchen, communal clubhouse with lounge, fitness center, pet wash station, car care center, on-site clothing care facility, and 24/7 parcel access with Amazon HUB lockers. Each unit has private decks, washer and dryer hookups, walk-in closets, sleek black appliances, and ceiling fans in bedrooms and living rooms. Bell Partners closely follows the guidelines of local, state and federal health authorities regarding the operation and cleanliness of community facilities.

Bell Lake Norman has also received the Green Globes Multifamily for the certification of existing buildings.


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