ATLANTA, GA – The Atlanta office of HFF (Holliday Fenoglio Fowler, L.P.) has closed the sale of Woodland Hills, (site map bottom right) a 228-unit multifamily community in Decatur, Georgia.
The HFF investment sales team was led by managing director Jason Nettles (top left photo) and associate director Megan Thompson (top right photo) who marketed the property on behalf of the seller, Equity Residential. Resource Real Estate purchased the property.
Woodland Hills is located seven miles north of downtown Atlanta at 3471 North Druid Hills Road in the North Druid Hills community of DeKalb County close to Emory University
, Emory Healthcare Centers and The U.S. Center for Disease Control and Prevention. The 95% leased property has one- and two-bedroom units averaging 1,167 square feet each. Community amenities include a swimming pool, picnic area and tennis courts.
“Woodland Hills is located in an affluent community with fixed supply and increasing demand,” said Nettles. “The property is advantageously positioned to provide a value option for the overflow of undergraduate and graduate students from Emory University who are seeking housing.”
Equity Residential (“EQR”) is an S&P 500 company focused on the acquisition, development and management of high quality apartment properties in top U.S. growth markets.
Equity Residential owns or has investments in more than 550 properties in 23 states and the District of Columbia. 
Resource Real Estate (“RRE”) controls a real estate portfolio with an aggregate value in excess of $1.7 billion, which includes approximately 12,500 apartment units and 1.3 million square feet of commercial space located throughout the United States.
CONTACTS:
JASON NETTLES, HFF Managing Director, (404) 832-8460, jnettles@hfflp.com
KRISTEN M. MURPHY, HFF Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com
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