Campus Edge Apartments
Raleigh, North Carolina
Acquired in Q2 2016 in partnership with the same venture partners as the Vista Apartments, and The Outpost, Campus Edge benefits from a location adjacent to one of the main entrances to North Carolina State University’s new Centennial Campus, served by both the GoRaleigh bus system as well as NC State’s “Wolfline”.
Offering private decks, 9’ ceilings, in-unit (full size) washer/dryers and an already extensive amenity package, Campus Edge will receive significant capital improvements designed to both further improve the existing clubhouse and complete extensive in-unit renovations.
The property was acquired in an off-market transaction via the successful assignment of an existing partner’s “buy-sell” rights as well as the venture’s ability to respond to this partner’s tax and timing needs.