Property details
Acworth, georgia
Legacy at Acworth
Investment type
Value Add
Asset Class
Multifamily
Ownership Structure
Tenancy in Common (TIC)
Year Acquired
2019
Investment Summary
Syndicated invested alongside Sundance Bay in the acquisition of Legacy at Acworth, a 192-unit, garden style apartment community situated on 16.035 acres and comprised of 14 two-story buildings and a clubhouse.
Syndicated structured its acquisition as a Tenancy in Common (TIC) to accommodate investors completing a Section 1031 Exchange.