Multifamily investor and landlord FCP acquired the 304-unit Park 35 Apartments in Decatur for $40.5 million, bringing its Atlanta-area portfolio to 6,870 residences in 33 communities.
Park 35 is located at 3529 Robins Landing Way in Decatur. Courtesy of Google Maps.
The garden-apartment community is located 3529 Robins Landing Way and offers a clubhouse, pool and playground. Shoal Creek Park is adjacent to the property.
“Park 35 is located in an improving submarket with excellent access to Atlanta’s infill employment centers,” FCP senior associate for acquisitions Michael Errichetti said in a press release. “The property fits well within FCP’s growing workforce apartment portfolio.”
Nathan Swenson and Wesley Kenney of Cushman & Wakefield’s Sunbelt Multifamily Advisory Group represented the seller in the transaction.
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