Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ATLANTA-Locally based Urban Partnership Southeast paid $3 million, or an average $32,608 per unit for the 92-unit, class C Heritage Apartment multifamily complex on Campbellton Road. The seller is Heritage Apartments LLC.

The property was built in 1970 and was 94% occupied at the time of the sale. The average rental rate is $675 per unit. The complex consists of 40 two-bedroom units with a bath and half-bath, 26 two-bedroom townhouses with a bath and half-bath, and 26 three-bedroom townhouses with two baths and a half-bath.

Joshua Goldfarb, Marc Robinson and Chris Johnston, principals of locally based Southeast Apartment Partners represented Heritage and located the buyer. Alpharetta, GA-based Integrity Bank provided financing for Urban Partnership.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.