SOLD
Lee Fjord's Green Forest Capital Acquires 144-Unit Multifamily In East Point, GA For $13.9M
2420 Heaton Drive
MultiFamily
Sold 159 days ago
Summary
Sale
GEORGIA
MultiFamily
Pacific West Land has sold Phoenix Place Townhomes, a 144-unit multifamily property located at 2420 Heaton Drive in East Point, GA. The property, situated near Hartsfield-Jackson Atlanta International Airport, was acquired by Green Forest Capital for $13.9 million.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $13,900,000
- Address: 2420 Heaton Drive, East Point, GA
- Market: East Point, GA
- Buyer: Lee Fjord - Green Forest Capital
- Seller: Martin A. Stever - Pacific West Land
- Brokers: Barden Brown, Mack Leath & Taylor Brown - Global Real Estate Advisors (GREA)
Global Real Estate Advisors (GREA) played a pivotal role in facilitating this $13.9 million transaction. Phoenix Place Townhomes offers 144 units and is strategically positioned in East Point, providing convenient access to Hartsfield-Jackson Atlanta International Airport.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Lee Fjord, Martin A. Stever, Barden Brown, Mack Leath & Taylor Brown
DATE: 12/04/2023
ADDRESS: 2420 Heaton Drive
MARKET: East Point, GA
ASSET TYPE: Multifamily
BUYER: Lee Fjord - Green Forest Capital
SELLER: Martin A. Stever - Pacific West Land
BROKERS: Barden Brown, Mack Leath & Taylor Brown - Global Real Estate Advisors (GREA)
SALE PRICE: $13,900,000
UNITS: 144 ~ PPU: $96,528
NOTE: Global Real Estate Advisors (GREA) facilitated the $13.9 million sale of Phoenix Place Townhomes, a 144-unit community in East Point near Hartsfield-Jackson Atlanta International Airport.View on map
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Address2420 Heaton Drive
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