The Preiss Co. (TPCO), Township Capital and a private equity real estate fund advised by Crow Holdings Capital have announced the joint venture acquisition of a 304-unit conventional multifamily housing complex, View at Legacy Oaks, for an undisclosed amount.
This is TPCO’s ninth joint venture with Crow Holdings.
Located at 1150 Baxter Lane in Knightdale, N.C., the complex offers one-, two- and three-bedroom apartments with features including walk-in closets, in-unit washer and dryer, arched doorways, crown molding, patios, and sunrooms. Additional options include attached garages, upgraded finishes and additional storage units.
Communal amenities include an oversized resort-style pool and sundeck, outdoor kitchen, 24-hour fitness center, playground, car care center and dog park. Additionally, residents can enjoy the proximity to Interstate 540, as well as numerous shopping, entertainment and restaurant venues.
TPCO will invest signific
