The 284-unit property represents the Atlanta firm’s largest investment since it was founded in 2013.
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Category: Crown Bay
Crown Bay unloads another apartment community
The local investor has completed more than $225 million worth of Atlanta apartment transactions since June 2021.
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Atlanta investor sells two workforce-housing communities for 50% profit in three years
Crown Bay Group purchased the 1980s-era developments for approximately $24 million in 2019 and sold them for almost $36 million in March.
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Atlanta investor group buys 294-unit suburban apartment community for $31.1 million
The Park at Netherley was built in 1988, and since 2019, more than $1 million in capital improvements have been completed to increase curb appeal, upgrade interiors, improve exteriors and boost common-area amenities, the investment firm said.
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