Investor purchases Atlanta-area multi-housing community

Marquis at Briarcliff, a 104-unit, garden-style multi-housing community at 1000 Gables Way in the North Druid Hills submarket of Atlanta, GA

 

ATLANTA, GA – JLL Capital Markets announced it has closed the sale of Marquis at Briarcliff, a 104-unit, garden-style multi-housing community in the North Druid Hills submarket of Atlanta, Georgia.

JLL represented the seller, CWS Capital Partners, LLC, and procured the buyer, Chicago-based Oak Residential Partners, LLC.

Marquis at Briarcliff is located at 1000 Gables Way centrally positioned between Buckhead and Midtown and close to Atlanta’s leading private and institutional employers.

 Additionally, the property is in the heart of a dense medical cluster anchored by the CDC Headquarters, Emory University Hospital, the VA Medical Hospital and the American Cancer Society as well as two new medical campuses being developed by Emory Healthcare and Children’s Healthcare of Atlanta. Marquis at Briarcliff comprises four residential buildings offering one-, two- and three-bedroom floorplans. 

Emory University Hospital

Community amenities include a resort-style swimming pool, 24-hour fitness center, outdoor grilling stations and a dog park.

The buyer plans to implement a renovation program to Marquis at Briarcliff that will focus on enhancements to unit interiors, property amenities, building exteriors and landscaping as well as a rebranding and name change.

  

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 CONTACT:

 Kristen Murphy,

 JLL Senior Manager

 Public Relations

Phone: +1 617 848 1572

Email: Kristen.Murphy@am.jll.com

 jll.com.

 cwscapital.com.

 oakresidentialpartners.com.