Multi Housing Advisors Brokers Sale of Apartment Community in Augusta, GA

  

Robert Stickel

ATLANTA, GA (Aug. 17, 2015) — Multi Housing Advisors (MHA) has arranged the sale of Gateway Crossing, a 240-unit apartment community located in Augusta, Georgia.

Robert Stickel, Managing Director of MHA’s Central to Coastal Georgia team based in Atlanta, represented the seller, Giddings Communities Group, in the transaction. LMS Real Estate Investment Management, LLC and Romspen Real Estate Investments, Inc. purchased the property. 

“Gateway Crossing is the premier apartment community in the Augusta market, and provides compelling investment returns,” said Stickel.

 “The property’s strategic location provides access to various job centers throughout Augusta, which has experienced explosive employment growth including more than 14,700 jobs created or announced in the last 26 months. This has created strong fundamentals and investor demand continues to grow in this emerging market.”

Gateway Crossing is located at 601 Giddings Court and features a clubhouse with an Internet cafe, a community garden, resort-style swimming pools with outdoor kitchen and entertainment areas, a state-of-the-art fitness facility and concierge units.

 For a complete copy of the company’s news release, please contact:

Savannah Duncan

The Wilbert Group

404-343-0870

sduncan@thewilbertgroup.com