Triple Net Properties LLC represented tenant-in-common buyers in the acquisition of The Enclave Apartments in High Point, N.C.

The value of the transaction was not disclosed.

The 220-unit apartment community consists of 1-, 2- and 3-bedroom units in nine three-story apartment buildings, with units ranging from 770 square feet to 1,421 square feet. The apartment community features a fitness center, outdoor grills, outdoor swimming pool and on-site management.

Tarrant Road Apartments Associates LLC sold the property, which was completed in 2005 and was 85 percent occupied at the time of sale.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Refer friends to Select and get $200 in credit.Register Here×
Connect Now is less than two weeks away. Prices go up May 30.Reserve your seat today.×