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Friday, March 26, 2010
Engler Financial Group Markets Loan Backed by Oxford Creek in Georgia
ATLANTA, GA--Engler Financial Group has been engaged on an exclusive basis to market for sale the multifamily mortgage loan collateralized by Oxford Creek (top left photo)
Bid Due Date is tentatively set for Wednesday, April 7th.
Oxford Creek is a 232-unit Class “A” all townhouse apartment community located at the northwest corner of McDonough Parkway and Bridges Road in McDonough, Henry County, Georgia.
As one of the fastest growing counties in Georgia, many top corporations have located facilities in Henry County including Ford Parts and Distribution, Nestle' USA and BellSouth Services.
The submarket's proximity to Hartsfield-Jackson International Airport will continue to attract new businesses and households.
All floor plans offered at Oxford Creek are desirable two-story townhouses which provide residents with private direct-unit entrances. The two-story townhouse design of the Property's units gives the community a more "single family" feel unlike other garden apartment properties. The community's townhouse units have been well received in the submarket as evidenced by the strong occupancy trend at the property.
If you have an interest in pursuing this opportunity, please follow the link below to view the asset teaser for Oxford Creek and execute an electronic Confidentiality Agreement on Peracon.
If you have any questions or would like to schedule a tour of Oxford Creek, please contact Greg Engler, Pat Jones or Kris Mikkelsen. We look forward to working with you on this exciting opportunity.
Contacts:
Greg Engler, 678/992-2000, ext. 1, gengler@efgus.com
Pat Jones, 678/992-2000, ext. 2, pjones@efgus.com
Kris Mikkelsen, 678/992-2000, ext. 4, kmikkelsen@efgus.com
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