Monday, December 14, 2015

Multi Housing Advisors Brokers Sale of Apartment Community in Savannah, GA Area

Waverly Station at the Highlands Apartments, Pooler, GA

Robert Stickel
 ATLANTA, GA — Multi Housing Advisors (MHA) has arranged the sale of Waverly Station at the Highlands, a 329-unit apartment community located in Pooler, Georgia.

 Robert Stickel, who leads MHA’s central to coastal Georgia deal team, represented the seller, The Sterling Group. Based in Mishawaka, IN, Sterling is an aggressive owner, operator, and buyer of multifamily assets throughout the Midwest and Southeast. Gamma Real Estate and Somerset Partners purchased the property.

“Waverly Station at the Highlands is among the highest quality properties in the Savannah area featuring an excellent unit mix with spacious floor plans and an outstanding amenity package,” Stickel said.

“The investors purchased this unique, two-phase property due to its superior location in a thriving Georgia submarket, as well as its convenient access to major employers such as the Port of Savannah and Gulfstream.”

Built in 2010 and 2012, Waverly Station at the Highlands is a Class A property which draws from an affluent tenant base with an Average Household Income of $92,439 within a one mile radius. Waverly Station is located less than 15 minutes from Savannah/Hilton Head International Airport, Gulfstream Headquarters, and the recently opened Tanger Outlets.

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

Deborah Rogers
Multi Housing Advisors

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