Charlotte · Commercial sale
Ags University CLT buys 535 Collins-Aikman Dr in Charlotte for $11 million
A hotel at 535 Collins-Aikman Dr, Charlotte sold for $11,000,000 on October 15, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $11,000,000
- Recorded
- October 15, 2026
- Property type
- Hotel
- Building area
- 59,980 sq ft
- Price per sq ft
- $183
- Year built
- 2019
The hotel at 535 Collins-Aikman Dr sold for $11,000,000, according to the Mecklenburg County Assessor. That is 15% below its recorded market value of $12,982,300, the Assessor's records show.
The transfer tax paid on a special warranty deed shows the sale price. The deed was recorded October 15, 2026 with the Mecklenburg County Register of Deeds. The recorder's index lists Ags University CLT LLC as the buyer.
The Assessor's records show 59,980 square feet of building area, a build year of 2019 and a 2.51-acre lot. The price works out to $183 per square foot. The last sale on record before this one was $15,000,000 in 2021.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Mecklenburg County?
By our estimate, the seller's two largest charges, not counting prorations, were $22,000 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. Who pays what follows Mecklenburg County custom.
How much did the seller net?
By our estimate, the seller netted about $10,912,559. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $10,955,100 at closing. That covers the full price and closing costs.
Source: Mecklenburg County Assessor, parcel sales, document 40781-596. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Mecklenburg County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
