Matthews Real Estate Investment Services Brokers $5.9M Sale Of Student Housing Near University Of West Georgia

The Cottages UWG, a 26-unit student housing community near the University of West Georgia campus in Carrollton, has been sold for $5.9 million. This property is located at 324 Brumbelow Road and spans across 37,760 square feet. The sale price equates to approximately $156 per square foot. With an average price per unit of $226,923, this student housing asset stands as an attractive investment opportunity in the Carrollton, GA market.

Summary of Transaction Details

• Property Type: Student Housing
• Transaction Amount: $5,900,000
• Address: 324 Brumbelow Road
• Market: Carrollton, GA
• Units: 26
• Price per Unit: $226,923
• Square Footage: 37,760
• Price per Square Foot: $156

Austin Graham, representing Matthews Real Estate Investment Services, served as the broker for this successful transaction. By facilitating the sale of The Cottages UWG, Austin Graham played a pivotal role in connecting the buyer and seller of this student housing community. Matthews Real Estate Investment Services continues to demonstrate their expertise in brokering deals within the Carrollton, GA market.