APG Capital Acquires Student Housing Apartments in Wilmington, NC

APG Capital recently acquired Eagles Drift Apartments, located next to the UNC Wilmington campus in the heart of Wilmington.

The property has been fully renovated to include new roofs, monument signage, exterior appealing architecture, and full interior renovations include granite finishes, luxury vinyl plank floors, and chiefs kitchens.

Daniel Walser and James Anthony III, managing partners share a vision of creating a niche community of quaint apartment homes with superior finishes nestled in a quiet corner of Wilmington with walkable access to restaurants and entertainment.

“We believe the Wilmington rental demand will continue to surge, especially for well cared for appropriately priced housing,” said Daniel Walser.

The management team intends to hold the asset in the portfolio long term for dependable and predictable cash flow.

The transaction was brokered by Bo McHugh of APG Advisors. The acquisition was facilitated and sponsored by Daniel Walser and James Anthony III. For further information please contact James Anthony.

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