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Joint Venture Picks Up Tuscaloosa Apartment Complex as Part of Value-Add Strategy

Legacy Capital Partners, Morrison Avenue Capital Partners Pay Over $25 Million for 208-Unit Inverness Apartments
By Jill Kildea
CoStar Research
November 9, 2020 | 10:03 P.M.

A joint venture between Cleveland-based Legacy Capital Partners and Tampa, Florida-based Morrison Avenue Capital Partners has purchased Inverness Apartment Homes, a 208-unit multifamily complex in Tuscaloosa, Alabama.

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