3207 Henderson Mill Road, Atlanta, GA
Strategic Holdings acquired Sierra Hills Apartments (161 Units) on April 27, 2018 for $24,250,000. Occupancy was at 97.5% at the time of purchase. Strategic is implementing a value-add strategy and will be investing approximately $1,000,000 in improvements in order to achieve the higher market rents. After the improvements are completed and the rents are increased, the property will be worth approximately $30,000,000.
|Estimated Sales Price:||$25,025,000|