Multifamily
Investment Sales - Multifamily

Northmarq arranges sale and financing of Skyhouse Midtown in Atlanta, GA

ATLANTA, GEORGIA (February 17, 2022) – Jason Nettles, managing director, and Megan Thompson, senior vice president, of Northmarq’s Atlanta-based investment sales team brokered the $131 million sale of Skyhouse Midtown. The property was acquired by RADCO. The 320-unit multifamily property (built in 2013) is located at 1080 W Peachtree St NW, Atlanta, Georgia. 

The property is located in Central Midtown Atlanta, just 3 miles north of downtown. Easily accessible are the Midtown Marta Station (1.2 miles) and the North Avenue Marta Station (0.6 miles). Georgia Institute of Technology is less than a mile away, as well as the Atlanta Botanical Garden.

The Davis Monthan-Tucson Air Force Base is 2.7 miles away. Park and recreational attractions are available such as Lincoln Regional Park (3.5 miles), Chuck Ford Lakeside Park (2.8 miles), and Fantasy Island Mountain Bike Park (6 miles).

Community amenities include: Pool, package service, concierge, fitness center, and sundeck. Apartment amenities include: modern kitchens with efficient appliances and granite countertops, private balconies, walk-in closets, and scenic views of the Atlanta skyline.

 

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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Skyhouse Midtown
Sale