Arcan Capital Purchases 114-Unit Woodland Commons Multifamily From TriWest Multifamily For $21.6M

The sale involved a multifamily asset located at 22 Forest Circle, Newnan, GA. The property, known as Woodland Commons, consists of 114 units, and the transaction was finalized at a price of $21,600,000, translating to a price per unit of $189,474.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $21,600,000
• Address: 22 Forest Circle
• Market: Newnan, GA
• Units: 114
• Price per Unit: $189,474
• Buyer: Arcan Capital
• Seller: TriWest Multifamily
• Broker: Austin Graham - Matthews Real Estate Investment Services

Austin Graham represented Matthews Real Estate Investment Services in the brokerage of this transaction, reflecting the expertise involved in executing this sale of Woodland Commons. The deal was notable for its substantial value within the Newnan market.