Greenville (S.C.)-based Graycliff Capital Partners, LLC (Graycliff Capital), a leading developer/owner in the multi-family sector, announces the development of Encore at Heritage Apartments – Luxury Apartment Homes in Wake Forest, North Carolina. Graycliff has developed multiple luxury apartment communities throughout the Carolinas in recent years, however, Encore at Heritage Apartments marks the firm’s first multi-family investment in the Raleigh-Durham-Chapel Hill metro area. The 100-percent elevator served mid-rise is conveniently located just a 20-minute drive from downtown Raleigh.
Situated within the Heritage neighborhood of Wake Forest, Encore at Heritage Apartments is a 182-unit, Class-A residential community offering studio, one-, two- and three-bedroom floor plans. The community is sited along a 10-foot-wide paved asphalt trail known as the Smith Creek Greenway, a mile-long pedestrian trail with a 33-mile connection to the City of Raleigh’s Neuse River Greenway Trail.
“This particular site in Wake Forest is an ideal location for a high-end, multi-family community. With its quick commute to key areas of the Triangle, its walkability to essential services, and excellent school district, the property is suited for small families, married couples, young professionals and empty nesters alike,” said Paul Aiesi, partner at Graycliff Capital. “We look forward to becoming a part of the Triangle community.”
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