Vikram Aneja's Emma Capital Acquires Lancaster Ridge Apartments In Canton, GA For $26.1M

Lancaster Ridge Apartments, a 145-unit apartment community located at 800 Hickory Knoll Drive in Canton, GA, has been sold for $26.1 million. The multifamily asset was acquired by Vikram Aneja, representing Emma Capital, in a transaction facilitated by Chad DeFoor, Eric Liebich, Jake Reid, and Ron Corrao of Capstone Companies.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $26,100,000
• Units: 145
• Price Per Unit: $180,000
• Market: Canton, GA

Capstone Companies recently announced the sale of Lancaster Ridge Apartments, underscoring the successful transfer of ownership for this apartment community in the Canton submarket of greater Atlanta, Georgia.