GREA, a full-service real estate advisory firm specializing in multifamily acquisitions and dispositions, recently managed the successful sale of Douglasville Proper for $6.45 million. The garden-style LIHTC multifamily asset was built in 1995 and features 100 units with one-, two-, and three-bedroom floorplans.
GREA represented sellers Signature Management in the transaction which was completed by Cory Caroline Sams and Taylor Brown of GREA on behalf of S & S Capital Partners who plan to preserve the affordability of this property to serve the Douglasville community.
“We were proud to represent Signature Management bringing an offer from an attractive buyer who understands how important it is to maintain quality affordable housing for working families living within Douglasville,” said Sams, managing director at GREA’s Atlanta office.
