Carter Multifamily has acquired the 392-unit The Reserve of Byram for approximately $46.4 million.
Built in two phases in 2000 and 2006, The Reserve of Byram apartment community is well located in Byram, Miss., on 33.24 acres of land near the area’s top shopping, dining, entertainment and recreational activities. The community features spacious one-, two- and three-bedroom floorplan options with modern amenities. In addition to its thoughtfully designed apartment homes, The Reserve at Byram offers gated entry, a resort-style pool and spa with a sundeck, outdoor grilling areas, a billiards room, a fitness center, a clubhouse, and an on-site car wash facility. Residents also enjoy The Reserve at Byram’s close proximity to the area’s top employers and convenient access to downtown Jackson, Miss., via Interstate 55.
“The high-quality features and location of this property, along with our ‘management improvement’ strategy, enables us to deliver a desirable commu