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Wednesday, 24 April 2019

Ga. Apartment Property with 530 Units Sold for $42Mln

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Sterling Bridge Investment Partners has paid $42 million, or about $79,245/unit, for the Sandpiper Apartments, with 530 units in Warner Robins, Ga., about 23 miles south of Macon, Ga.

The buyer was not identified.

The 34-building property, at 800 Leisure Lake...

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Macon
  • States: Georgia
  • Sector: Multifamily
  • Subject: Property Acquisitions (ACQ)
  • Valuation: Between $25 million and $50 million
  • Private: Yes
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Dan Moynihan

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