Raleigh-based DeVanDylan Capital Partners LLC (DVD), a value-add multifamily investor and operator focused on assets in the Southeast region, has acquired the Willow Park Apartments complex in Forest Park, GA for $10.3 million. This marks DVD’s 525th unit purchase and was announced by Steve P. Morrows, Founder and Chief Executive of the emerging firm.
Morrows commented that this transaction “represents an opportunity to take a hands-on approach to enhancing this property through meticulous asset management, data-driven leasing strategies and thoughtful physical reenvisioning of the apartment complex”. Located at 1466 Rockcut Rod., Willow Creek is comprised of 108 units across 14 buildings situated on 10 acres near Atlanta’s Hartsfield Jackson International Airport – three miles away from downtown Atlanta itself!
Including their latest acquisition in Forest Park GA., DeVanDylan Capital Partners have completed 11 multifamily acquisitions over seven years with an estimated market value exceeding $50 million dollars combined!
