Robert Stickel |
ATLANTA, GA — Multi Housing Advisors (MHA) has arranged
the sale of Falls at Spring Creek, a
296-unit apartment community located in Macon, Georgia.
Robert Stickel,
who leads MHA’s central to coastal Georgia deal team, represented the seller,
Merion Realty Partners in the transaction. Kole Management Co. purchased the
property.
“Falls at Spring Creek is
an exceptionally located asset providing residents convenient access to premier
retail as well as several job centers,” Stickel said.
“This unique two-phase property presents new
ownership with the ability to make strategic improvements and increase property
performance, including upgrading units to proven market premiums through a
focused value-add renovation program.”
Located on Wesleyan Drive
in north Macon, Falls at Spring Creek is directly across the street from The
Shoppes at River Crossing, Macon’s premier retail center (750,000 SF).
The
property has an excellent amenity package highlighted by two resort-style
swimming pools, a tennis court, two fitness facilities, two volleyball courts,
two laundry facilities, and a recently renovated clubhouse.
For a complete copy of the company’s news release,
please contact:
Deborah Rogers
Multi Housing Advisors
404.645.7275
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