A two-property multifamily portfolio has been sold in Montgomery.
The 482 units in The Fields One Center and The Fields Carriage Hills sold for $18.5 million to Two Waters Capital Management, an Atlanta-based multifamily acquisition and asset management firm.
The seller was Elite Street Capital, a real estate investment and development firm based in Houston.
Franklin Street’s Atlanta Multifamily Investment Sales Team brokered the transaction on behalf of the seller.