Formerly Oxford Creek, Sundance Creek Apartments is 100% townhome style multifamily units. Formerly Oxford Creek, Sundance Creek Apartments is 100% townhome style multifamily units.

ATLANTA—Sundance Creek, a 232-unit multifamily community in the Atlanta submarket of McDonough, GA, had traded hands. Passco Companies acquired the asset for $14.5 million in 2010 and sold it at a 60% increase.

“We acquired Sundance Creek in 2010 when many firms were focused on core markets,” Gary Goodman, senior vice president of acquisitions for Passco, tells “We knew that the McDonough submarket was positioned to perform extremely well over the next several years and that entering the market at the outset of this growth would provide tremendous value.”

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?


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

Jennifer LeClaire



Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.