Brazos Residential is pleased to announce the acquisition of Walnut Ridge Apartments, located at 1611 Royal Foxhound Lane in Raleigh, North Carolina. This transaction marks Brazos Residential's first acquisition in the state since 2022, representing a meaningful return to the North Carolina market.

Walnut Ridge is an affordable LIHTC community offering two-, three-, and four-bedroom apartment homes ranging from 990 to 1,438 square feet. The property is conveniently situated with direct access to I-40 and I-440, just minutes from downtown Raleigh, and neighboring the Walnut Creek Amphitheater. Community amenities include a swimming pool, fitness center, clubhouse, playground, and gated entry.