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Inland Absolute Acreage Acquisitions, Inc. appear today that it adjourned and bankrupt the acquirement of Alta Legacy Oaks, a 304-unit multifamily acreage amid in Knightdale, North Carolina, a western suburb of Raleigh. Mark Cosenza, chief carnality admiral of Inland Absolute Acreage Acquisitions, Inc., completed the deal, with abetment from Brett Smith, abettor carnality admiral and accessory admonition of The Inland Absolute Acreage Group, LLC, Law Department, on account of an Inland affiliate.
Constructed in 2009, the acreage is amid at 1150 Baxter Lane and will be renamed View at Legacy Oaks. The acreage consists of 14 three-story barrio featuring 84 one-bedroom, 172 two-bedroom and 48 three-bedroom units with 546 absolute parking spaces. The one-bedroom units admeasurement amid 744 and 832 aboveboard feet, the two-bedroom units action allocation amid 996 and 1,223 aboveboard anxiety and the three-bedroom units action 1,290 to 1,502 aboveboard anxiety of active space. The View at Legacy Oaks additionally appearance a aggregation of association amenities including an colossal resort-style basin with a ample sundeck, a poolside alfresco kitchen, an alfresco bold lounge, a 24-hour fettle center, a association garden, a business center, a dog park, a car affliction center, a amphitheater and a adviser with a admirable fireplace.
Additionally, the View at Legacy Oaks is amid 1.5 afar from a above retail breadth that includes Target, The Home Depot, Lowes Foods, Petco and Dick’s Sporting Goods, while Raleigh’s arch arcade destination, North Hills, is beneath than 15 account from the property. Association additionally accept acceptable admission to alfresco amusement options with the adjacent 27.5-mile Neuse River Greenway and the 3.5-mile Mingo Creek Trail.
“Ideally amid abreast city Raleigh, North Hills, WakeMed Hospital and Research Triangle Park, the View at Legacy Oaks provides added than 118,000 association aural a five-mile ambit with acceptable admission to a array of medical, government, technology, cyberbanking and apprenticeship administration in the area,” said Cosenza. “Combined with its decidedly beyond aboveboard footage offerings per assemblage and aerial affection association amenities, this acreage is an accomplished archetype of the types of multifamily acquisitions we abide to seek out.”
As of November 9, 2017, the acreage was 96 percent occupied.
To date, Inland Absolute Acreage Acquisitions, Inc. has facilitated added than $45 billion of purchases including single-tenant properties, medical appointment buildings, retail backdrop and a absolute of added than $4.5 billion in apartments.
About Inland Absolute Acreage Acquisitions, Inc.
Inland Absolute Acreage Acquisitions, Inc. assists in anecdotic abeyant accretion opportunities, negotiates acquisition-related affairs and acquires absolute acreage assets for the assorted entities that are a allotment of The Inland Absolute Acreage Accumulation of Companies, Inc., a accumulation of absolute acknowledged entities, some of which may be affiliates, allotment some accepted buying or accept been sponsored or managed by Inland Absolute Acreage Investment Corporation or its subsidiaries (collectively, “Inland”). For added information, amuse accredit to Inland’s website at www.inlandgroup.com.
Inland Marketing & Communications, Inc.Alyssa Campbell, (630) firstname.lastname@example.org
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