News

Greystone Brown Real Estate Advisors Close $19 Million Acquisition of Multifamily Property in Atlanta, GA

October 21, 2019

Greystone Brown Real Estate Advisors announced it has advised on the $19,436,000 acquisition of Moores Mill Village, a multifamily property in Atlanta, GA. Greystone Brown represented the buyer, Castlegate Property Group, in the off-market transaction from seller MSC Investments. The transaction was handled by Barden Brown, Chandler Brown, Taylor Brown and Cory Caroline Sams.

Built in 1965, Moores Mill Village is a garden apartment community with 172 one-, two- and three- bedroom units. The pet-friendly property features a swimming pool, playground, onsite laundry and a controlled access gate. Located at in the desirable Upper Westside neighborhood, the property is close to shopping and restaurants, and offers convenient access to downtown Atlanta.

“Our clients jumped at the opportunity to acquire this property before it ever hit the open market,” said Barden Brown, Senior Managing Director, Greystone Brown Real Estate Advisors. “We are thrilled that we were able to identify and close another successful multifamily deal in one of Altanta’s trendiest neighborhoods right now.”