 |
| Robert Stickel |
ATLANTA, GA— Multi Housing
Advisors (MHA) has arranged the $19.9 million sale of Century Hills, a 200-unit apartment community built in 2000 and
located in Augusta, Georgia.
Robert Stickel,
who leads MHA’s central to coastal Georgia deal team, represented the seller in
the transaction. Kole Management Co. purchased the property.
“Century Hills is
exceptionally located in Augusta, providing residents convenient access to
premier retail as well as the various expanding job centers,” Stickel said.
“The Augusta market has
seen extensive growth, including 15,000 jobs created or announced in the last
26 months. The property also presents the opportunity to experience rental rate
increases through a focused value-add renovation program.”
Located on Alexander
Drive, Century Hills is less than two miles from Costco, Whole Foods, Publix,
Kroger, Fresh Market, and Starbucks. It also offers convenient access to two
intersections of I-20 and is less than five miles from the Downtown Medical District,
which includes more than 25,000 jobs.
For a complete copy of the company’s news release,
please contact:
Savannah Duncan
The Wilbert Group
404-343-0870 (O)
404-901-4433 (C)
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