Archives
Hilltop House Apartments
July 29, 2022
Multifamily for rent. 169-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in Winston-Salem, NC. Investment closed in July 2022. The investment strategy includes renovations to the clubhouse, common areas and amenity spaces as well as minimal improvements to the interiors. The asset is currently 95%+ occupied. [...]
Trinity at the Hill (180 West Apartments)
November 1, 2019
Multifamily for rent 250-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in Carrboro (Chapel Hill), NC. Investment closed in November 2019. Renovations are complete on the exterior improvements. The amenity package and interior unit renovations are continuing. The project is currently 92%+ occupied. [...]
Chatham Wood Apartments
February 19, 2019
Multifamily for rent 208-unit market rate apartment complex. Acquisition and re-positioning of a market rate apartment complex in High Point, NC. Investment closed in February 2019. Renovations are complete on the roof repairs, electrical panel replacement, asphalt repairs, window replacements, and pool deck repairs. Interior unit renovations are underway. The project is currently 95%+ occupied. [...]
The Garrett (Oak Creek Village Apartments)
March 15, 2018
Multifamily for rent 500-unit market rate apartment complex Acquisition and repositioning of an existing complex in Durham, NC Investment closed in March 2018. The asset sold in June 2021. Legacy’s investment realized a 16.4% IRR and a 1.6x multiple. [...]
Beech Lake Apartments
April 29, 2015
Multifamily for rent 345-unit market rate apartment complex Acquisition and repositioning of an existing complex in Durham, NC Investment closed in April 2015. The asset sold in May 2018. Legacy’s investment realized a 21.2% IRR and a 1.7x multiple.. [...]