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| Waverly Station at the Highlands Apartments, Pooler, GA |
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| Robert Stickel |
ATLANTA, GA — Multi
Housing Advisors (MHA) has arranged the sale of Waverly Station at the
Highlands, a 329-unit apartment community located in Pooler, Georgia.
Robert
Stickel, who leads MHA’s central to coastal Georgia deal team, represented
the seller, The Sterling Group. Based in Mishawaka, IN, Sterling is an
aggressive owner, operator, and buyer of multifamily assets throughout the
Midwest and Southeast. Gamma Real Estate and Somerset Partners purchased the
property.
“Waverly Station at the
Highlands is among the highest quality properties in the Savannah area
featuring an excellent unit mix with spacious floor plans and an outstanding
amenity package,” Stickel said.
“The investors purchased
this unique, two-phase property due to its superior location in a thriving
Georgia submarket, as well as its convenient access to major employers such as
the Port of Savannah and Gulfstream.”
Built in 2010 and 2012,
Waverly Station at the Highlands is a Class A property which draws from an affluent
tenant base with an Average Household Income of $92,439 within a one mile
radius. Waverly Station is located less than 15 minutes from Savannah/Hilton
Head International Airport, Gulfstream Headquarters, and the recently opened
Tanger Outlets.
For a complete copy of the company’s news release,
please contact:
Deborah Rogers
Multi Housing Advisors
404.645.7275
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