(To read more on the multifamily market, click here.)
LILBURN, GA-A private investment firm has acquired the 280-unitPark Crossing apartment complex at 2700 Park Crossing Way for $16.6million. New York-based Sterling American Property Inc. was theseller.
Built in 1985, the property sits on 21.54 acres and hasamenities, including a clubhouse, pool, tennis courts and fitnesscenter. It is located 30 minutes outside of Atlanta in GwinnettCounty, a growing area.
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