Property details

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.