Excerpted from REBusinessOnline story.
Investors are taking heed and targeting communities in secondary markets. Earlier this month, a Texas-based private equity group acquired Central Park Apartments, a multifamily property located in Riverdale, Georgia, roughly 10 miles south of Atlanta. Franklin Street brokered the $4.6 million transaction. The 1970s-era community offers a mix of townhome and garden-style units.
For full story, visit https://rebusinessonline.com/2018-multifamily-investment-volume-to-surpass-last-year-say-apartment-association-panelists/