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| Fields of Walnut Creek, 60 miles north of Atlanta, GA in Jackson and Hall Counties |
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| Perry Hayes |
ATLANTA, GA– Bull Realty has brokered the sale of 497 acres
located 60 miles north of Atlanta in Jackson and Hall counties at full list
price of $1.8 million.
The Fields of
Walnut Creek, a partially developed residential community, sold in an
all-cash sale on Sept. 30. Perry Hayes, associate broker at Bull Realty,
represented the seller, United Central Bank, in the transaction. Grant
Whitworth of Whitworth Land Corp. represented the buyer, Walton Georgia
LLC.
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| Grant Whitworth |
“The sale of The
Fields of Walnut Creek shows how far the residential market has come in
Atlanta,” Hayes said. “There was little interest when we originally marketed
the property for sale at the end of 2012.
“When a previous buyer failed to close, Bull Realty
re-listed the property this June and had multiple competing offers. The
property sold at full list price.”
“It’s amazing how
fast land values have escalated in such a short period of time,” added Michael
Bull, president and founder of Bull Realty. Bull Realty brokers have closed
several notable land sales in and around Atlanta in the last year.
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| Michael Bull |
The 497-acre Fields
of Walnut Creek has 123 partially developed lots, 151 raw lots and does not
have public sewer. The buyer plans to hold the property for future residential
development and housing.
For a complete copy of the company’s news release, please
contact:
Savannah Duncan • The Wilbert Group
1720 Peachtree St., Suite 350 • Atlanta, Ga. 30309
O: 404-343-0870 • M:
404-901-4433
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