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| Robert Stickel |
ATLANTA, GA — Multi
Housing Advisors (MHA) has brokered the sale of Mill Creek Run, a
224-unit community, located at 6687 Skipper Road in Macon, Georgia.
Robert Stickel,
managing director at MHA, represented the seller, Mill Creek Run LLC, in the
transaction. Hamilton Point Investments LLC acquired the property, which was 93
percent occupied at the time of the sale.
“We are experiencing
strong investor interest in multifamily properties in Georgia’s secondary
markets, and we expect that to continue,” Stickel said. “Apartment communities
in cities like Macon offer consistent, reliable returns and often provide
higher yields than communities in metro markets like Atlanta.”
Mill Creek Run,
built in 2005, features a fitness center, business center, swimming pool, and
cabana with an outdoor kitchen and picnic area.
For a complete copy
of the company’s news release, please contact:
Stephen Ursery
The Wilbert Group
404-549-7150 (O)
404-405-2354 (C)
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