Viking Capital Acquires Stewart's Mill Apartments In Douglasville, GA For $28.2M

FCP® has sold Stewart’s Mill Apartments, a multifamily property located at 3421 Stewart Mill Road in Douglasville, GA, to Viking Capital for $28.2 million. The property consists of 188 units with an average price per unit of $150,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $28,200,000
• Address: 3421 Stewart Mill Road, Douglasville, GA
• Market: Douglasville, GA
• Buyer: Viking Capital
• Seller: Michael Errichetti - FCP
• Brokers: Brooks Colquitt, Nathan Swenson, Robert Yates & Wesley Kenney - Cushman & Wakefield
• Units: 188
• Price Per Unit (PPU): $150,000

Note: FCP® has sold Stewart’s Mill Apartments in Douglasville, GA, to Viking Capital for $28.2 million.