Prudent Growth Partners Acquires Two Properties via 1031 Exchange

Prudent Growth Partners closed on the 76-unit Westchester Square Townhomes and the 60-unit Williamsburg Village Apartments in Danville, VA as part of a 1031 exchange acquisition. May 9, 2018, 12:00am EDT CHAPEL HILL, N.C., May 9, 2018 /PRNewswire-PRWeb/ -- Prudent Growth Partners, LLC, a Chapel Hill, NC based Private Equity Real Estate Firm, has purchased the Williamsburg Village Apartments and the Westchester Square Townhomes in Danville, VA. The $6,650,000, 136-unit transaction combined the two adjacent properties into one ownership structure. The properties were acquired as part of a 1031 exchange involving two buyers (both managed by PGP) using a Tenancy-in-Common arrangement. "We are ex

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    Prudent Growth Partners, LLC  (2017)    1829 E. Franklin St, Suite 800-F, Chapel Hill, NC 27514  (919) 590-4119