PROVO, Utah (Aug. 14, 2017) – Peak Capital Partners, a Utah-based apartment investment and management company, today announced it has closed on The Charleston apartments in Memphis, Tenn.

Peak purchased the property from Tennessee-based Wesscorp Investments, LP, which is owned by Wes Misenhelter.

“The Charleston is the final community of a five-property portfolio that Peak began acquiring last year,” said Jamie Dunn, founder and managing partner of Peak Capital Partners. “The Charleston is located in Cordova, one of the fastest growing neighborhoods of Memphis. Peak Capital is excited to continue expanding our footprint in the Memphis market and appreciates the positive working relationship with Wesscorp.”

The Charleston includes 284 units in a newly built gated community that offers one to three bedrooms. Residents have access to covered parking, multiple playgrounds, walking trails, and grilling areas. Unit amenities are unrivaled in the market and include nine-foot ceilings, crown molding, granite countertops, patios and balconies, generous square footage, oversized closets, and stainless steel appliances. With the Charleston acquisition, Peak’s Memphis portfolio now totals 1,316 units.

“Peak offers an unrivaled track record in all facets of the multifamily industry,” said Wes Misenhelter, founder and CEO of Wesscorp Investments. “We look forward to working on future investment and development opportunities with Peak.”

Peak’s other four recent Memphis acquisitions from Wesscorp Investments include: The Orleans, Angelo’s Grove, Pinebrook Pointe, and Grahamwood Place.

About Peak Capital Partners
Peak Capital Partners and its affiliates own and manage conventional, affordable, and student apartment communities in growth markets in the United States. Visit www.peakcapitalpartners.com.

Press Contacts
Jamie Dunn
jdunn@peakcapitalpartners.com

Dave Anderton
dave@daveanderton.com