Brazos Residential Continues Expansion with Acquisition of Two Multifamily Communities Totaling 425-Units in North Carolina Markets

DALLAS, TX - Brazos Residential, a Dallas-based real estate private investment firm specializing in multifamily investments, announced the acquisit...

November 23, 2022
4:26 AM

DALLAS, TX - Brazos Residential, a Dallas-based real estate private investment firm specializing in multifamily investments, announced the acquisition of two properties in Rocky Mount and Fayetteville, NC, marking the firm's thirteenth and fourteenth transactions in 2022, respectively. In Rocky Mount, the firm acquired the Jefferies Cove Apartments, a 152-unit community built in 1987, with an average unit size of 1,066 sq. ft. Brazos purchased the asset from the original developer and was particularly drawn to the opportunity due to its proximity to an existing portfolio property that has performed exceptionally well.