FCP has acquired Amber Grove at Olley Creek Apartments, a 360-unit garden apartment community located on Austell Road in Marietta, GA for $51 million. This is FCP’s 34th investment since entering the Atlanta market in 2015 and their multifamily portfolio now stands at 7,230 units.
Michael Errichetti of FCP commented that the property is well situated on Austell Road providing easy access to major job centers such as downtown Marietta, Cumberland Buckhead and Perimeter Center. The gated community features two-, three- and four-bedroom units with amenities including a leasing center & club room; swimming pool; dog park; fitness center; community garden & playground.
Travis Presnell and James Wilber of Cushman & Wakefield represented the seller during this transaction.
