LELAND, NC - Leading commercial real estate firms Goodegg Investments and Mesos Capital announced the joint acquisition of Waterleaf at Leland, a 248-unit class-A apartment community located in Leland, North Carolina. The teams are led by Julie Lam and Annie Dickerson at Goodegg Investments, and Pancham Gupta and Rajan Gupta at Mesos Capital.
"We are proud to add Waterleaf at Leland to our growing portfolio in the Carolinas. We continue to see strong performance across our assets in both North Carolina and South Carolina, including in Leland and the greater Wilmington MSA – performance driven by strong population growth, job growth, job diversity, and superior quality of life," commented the investment leads.
"With the incredibly strong growth we're seeing in Leland and Wilmington as a whole," they continued, "we are confident we can optimize this asset and provide quality living for the residents, all while Leland continues to grow and thrive."
Waterleaf at Leland is a newly built class-A 248-unit institutional-quality apartment complex delivered in April 2021. The property is located within the master-planned Westgate community in Leland – the fastest growing city in North Carolina and one of the strongest submarkets of the Wilmington MSA.
Waterleaf at Leland features a range of top-of-the-line amenities, including an expansive resort-style saltwater pool with outdoor fireplace, clubhouse with coffee bar, state-of-the-art 24-hour fitness center with yoga and spin room, pickleball court, business center, car wash, dog park, community bike and kayak barn, private garages available, and valet trash.
Interior unit amenities include luxurious open-concept gourmet kitchens, granite countertops, tile backsplashes, 9-foot ceilings, custom hardwood cabinets, modern lighting, stainless steel appliances, wood-vinyl plank flooring, and private porches.
This is the 11th asset across multiple markets in both North Carolina and South Carolina to be added to the collective portfolio for Goodegg Investments and Mesos Capital. Together, this team owns and operates over 8,000 multifamily units worth over $900M across Texas and the Southeast and is uniquely positioned to lead the optimization and growth of this property.