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ROSELLE AND PALATINE, ILL. — Steadfast Income REIT recently acquired three apartment communities in Roselle and Palatine, Ill., and San Antonio for $68 million. In Palatine, the company acquired the 200-unit Arrowhead Apartments, which underwent a $1.4 million renovation in 2006. The property is 98 percent leased and consists of two- and three-story buildings in a garden-style community. In Roselle, Steadfast purchased The Moorings Apartments, a 216-unit community, with apartments that average 1,000 square feet. The property is 99 percent occupied and amenities include a clubhouse, pool, laundry facilities and a business center. The company also purchased the 216-unit Ashley Oaks in San Antonio for $30.7 million.