Bainbridge Companies Acquires Multifamily Property In Cary, NC For $111M

The multifamily property located at 1010 Legacy Village Dr in Cary, NC was recently sold in a transaction. The property consists of 344 units, with each unit valued at an average of $322,674. The total sale price for the property was $111,000,000. The buyer in this transaction was Bainbridge Companies of Wellington, while the seller was Boston Capital Real Estate Partners.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $111,000,000
• Units: 344
• Price Per Unit: $322,674
• Buyer: Bainbridge Companies of Wellington
• Seller: Boston Capital Real Estate Partners

This transaction highlights the involvement of Bainbridge Companies of Wellington as the buyer and Boston Capital Real Estate Partners as the seller. The deal represents a significant investment in the multifamily market in Cary, NC.