MIAMI, FL – On the heels of acquiring ten multifamily
communities throughout the Southeast in the past 18 months, Atlantic | Pacific
Companies (A | P Companies), is pleased to announce the acquisition of Morningside
Courts (Morningside) and Sloan Square (Sloan).
 |
| Sloan Square Apartments on Lavista Road, Emory University area |
Both Morningside and Sloan are located within the desirable
central core of Atlanta, and further diversify and complement A | P Companies’
existing Atlanta holdings.
Morningside Courts,
located just off of Piedmont Road in the Midtown submarket, is a 172 unit,
garden-style apartment community featuring one and two bedroom floor plans.
Units are equipped with stacked washer and dryers, large walk-in closets, gas
fireplaces in select units, and private balcony or patio. Community amenities
include resort style swimming pool with a large sundeck, a 24-hour fitness
center, and is within walking distance to several restaurants and nightlife
destinations.
 |
| Mark Briggs |
Sloan Square,
located on Lavista Road in the Emory University area, is a 197 unit,
garden-style apartment community featuring one and two bedroom floor plans.
Units feature fully equipped kitchen, walk-in closets, vaulted ceilings in top
floor units, fireplaces in select units, and balconies or patios with storage.
The community amenities include two outdoor swimming pools, a fitness center,
and car care area.
A | P Companies
plans to make capital improvements to both properties including enhancements to
the clubhouses, fitness centers and pool areas, as well as improvements within
the units. Atlantic | Pacific Management, the property leasing & management
platform under A | P Companies, will handle all property management
responsibilities for both properties.
Mark Briggs, Senior Managing Director at A | P Companies,
says “A | P Companies is excited to expand its holdings in the Atlanta market,
particularly within Atlanta’s central core.
Both properties have attractive ‘walkability’ factors to retail and
restaurants, an increasingly important factor to our apartment residents.”
For a complete
copy of the company’s news release, please contact:
Jessica Wade Pfeffer
Jessica Wade Inc.
305.804.8424
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