RH Investment Management Acquires Grace Apartment Homes Roswell For $70.54 Million

The 396-unit Grace Apartment Homes Roswell in Roswell, Georgia has been sold for a total of $70.54 million. It was purchased by RH Investment Management, a company based in Washington, D.C. The multifamily property is located at 100 Chattahoochee Circle in Roswell, GA.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $70,540,000
• Units: 396
• Price Per Unit: $178,131
• Market: Roswell, GA

Andrew Mays of Berkadia served as the broker in this transaction. The seller was MSC Investments & Management LLC. RH Investment Management, known for their investments in real estate, acquired the Grace Apartment Homes for their portfolio. The sale of this property signifies the continued interest and activity in the multifamily housing market in Roswell, Georgia.