FCA purchased Villas at Bon Secour along the Gulf coast
WHEATON, Ill., (December 22, 2014) – First Capital Advisors, LLC (FCA) announced today that the company purchased Villas at Bon Secour in Gulf Shores, Ala., in a joint-venture partnership with Adams LaSalle Realty.
“FCA’s has built a solid relationship and reputation with Adams LaSalle Realty,” said Chris Pope, Principal of First Capital Advisors. “With numerous joint-venture projects with Adams LaSalle, we are confident that this will be another successful project to add to our portfolio.”
Villas at Bon Secour is a 200 unit multifamily property located three miles from the shores of the Gulf in Baldwin County. Apartments have walk-in closets, patios/balconies, nine foot ceilings, business center, fitness center, a pet park, and resort-style swimming pool.
Baldwin County has more than 6,000 established businesses including Airbus, ThysenKrupp, Garrows Ben Intermodal Container Facility, and Mobile Container Terminal.
First Capital Advisors, LLC is a fully integrated, self-administered and self-managed real estate investment firm focusing on the acquisition, ownership, and management of high quality real estate throughout the United States. First Capital is an affiliate of First Trust Portfolios L.P., a financial services firm founded in 1991. Additional information about First Capital Advisors can be found at the company’s website at fca-grp.com.