High-End Community Will be Located in Gulf Shores, AL
Destin, FL: Alliant Capital Partners, LLC, a real estate private equity firm, announced it has closed on an investment in a Build-To-Rent project (BTR). The project, planned to break ground in February for completion in early 2025 is a community of 92 horizontal apartment homes in Gulf Shores, just a few miles from Alabama’s Gulf Coast.
“We are excited to add another Build-To-Rent “BTR” project to our growing portfolio of multi family assets.” notes Mark Pugh, founder of Alliant Capital Partners, LLC. “Baldwin county is experiencing significant population growth. Since 2000, the MSA has grown 63%, making it the 7th fastest growing county in the country. We are thrilled that this project will provide a valuable community for so many individuals and families.”
The Gulf Shores BTR project will feature a mix of 1, 2 and 3 bedroom townhome units and 1, 2, and 3 bedroom ranch style units with garages, situated on 9 acres. These spacious units will feature large floor plans, unique design elements, and Class A finishes. The community is designed to create a traditional neighborhood feel without the constraints that come with home ownership. High-end amenities, and on-site management, along with community events, will help turn residents into neighbors, encouraging a sense of community.
The project is positioned to meet the growing housing demand in South Baldwin County area while offering a distinguished, lower-density rental product with first-class amenities and programming tailored for residents.
Alliant Capital Partners is a real estate private equity firm focused on investing in ground-up and value-add real estate across major property types and markets throughout the United States. They target above-market, risk-adjusted returns by identifying investment opportunities, primarily in multifamily properties, further diversified by location, size, asset class, and tenant profile.