Legacy Capital Partners and Fulton Street Partners have acquired Hilltop House Apartments, a 169-unit apartment community in a premier infill location with a walkability score of 87 out of 100 in Winston-Salem, N.C.
The original property was built in 1962 as a hotel and was converted to multifamily in 2012. Two additional phases were built in 2012 and 2014. The interior units are all updated, and the joint venture plans to further enhance the community by adding a tech package to each unit and improving the common area and amenity spaces, including the fitness center and outdoor pool. The property is adjacent to a 0.5-mile trail that leads to the heart of downtown Winston-Salem in one direction and to several parks in the other. It is also situated within a mile of the Innovation Quarter, a 330-acre public-private innovation district focused on research in biomedical science and information technology.
Winston-Salem is part of the Piedmont Triad, consisting of Greensbo
