(Read more on the multifamily market.)

AUGUSTA, GA-Santa Ana, CA-based Triple Net Properties LLC hasacquired the 200-unit Century Hills apartment community on behalfof tenant-in-common investors. The property was acquired fromCentennial Investment Properties.

"We like the Augusta market right now. It's a market that's seenlittle construction with an average occupancy of 97.5%," Triple NetProperties senior vice president-acquisitions, apartment propertiesGus Remppies tells GlobeSt.com.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.