Based in Phoenix, Arizona, Clear Sky Capital Inc. is a private equity real estate firm that seeks to create value for its investors. Recently, Clear Sky Capital Inc. sold Legacy at Prescott Lakes, a luxury rental community.
In October 2018, NNC Apartment Ventures bought Legacy at Prescott Lakes for $30.25 million. Two executive managing directors from Cushman & Wakefield represented the seller in the transaction. According to one of the directors, the property offers value-add potential in a market with limited Class A multifamily apartments. Legacy at Prescott Lakes consists of 150 Class A units averaging 955 square feet and features a garden-style design. The floor plans comprise one-, two-, and three-bedroom residences that include walk-in closets, washers and dryers, ceiling fans, refrigerators, microwave ovens, and a patio or balcony. Situated within a premier neighborhood, Legacy at Prescott Lakes also provides access to community amenities such as a business center, 24-hour fitness facility, a spa, and a heated swimming pool. Additionally, residents can enjoy various outdoor activities on the property, which encompasses open spaces, 12 acres of lakes, and an 18-hole championship golf course.
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AuthorOver the past several years, Clear Sky Capital has added to its portfolio with some notable acquisitions. ArchivesCategories |