Aventura Crossroads offers investors the opportunity to acquire a 344-unit garden community in dynamic central Cary tucked between the epicenter of Cary’s tremendous growth and Downtown Raleigh. Situated in the heart of Crossroads just off the intersection of I-40, 440, and Hwy 64, the property is across the street from Epic Games (founders of Fortnite) current headquarters and less than 5 minutes to the Fenton Mixed-Use development by USAA/Hines (opening 2022) and Epic Games’ future global headquarters campus at the former Cary Town Center Mall. These two major developments are directly across from each other and will create a brand-new, live-work-play destination in the sought after Cary market. This strategic and walkable location is poised for significant long-term growth is also proximate to multiple major transportation arteries, providing highly convenient access throughout the booming tech and life science driven Triangle market within 15-20 minutes.
Built in 2008/2009 and owned by the original developers until current ownership purchased the property in 2019, Aventura Crossroads is an institutional quality, well maintained asset with an excellent location in one of the premier multifamily markets in the country. These rock-solid fundamentals combine with the property’s outsized floorplans, impressive operational trends, and ample value-add upside to present a unique acquisition opportunity poised to achieve outsized returns for new ownership.