Northland Acquires Atlanta Multifamily Properties to Expand Portfolio

Northland Acquires Atlanta Multifamily Properties to Expand Portfolio

Northland has acquired 670 Thornton, a 344-unit apartment community in the Atlanta suburb of Lithia Springs. The property comprises 38 residential buildings across 46 acres, with seven units per acre. It offers a mix of 20 studios, 146 one-bedroom apartments, 154 two-bedroom units and 24 three-bedroom dwellings.

The complex features a secure gated entry along with renovated fitness center and state-of-the art business center for residents’ convenience. Additionally it boasts grilling areas, pet park , two pools , theater room , playgrounds , tennis courts and scenic walking trails to provide an enhanced living experience .

Andy Young – Director of Investments at Northland said “We are thrilled to continue our expansion in Atlanta with 670 Thornton; this is prototypical value add garden style acquisition where we can leverage decades of operational expertise as well as platform from eight sister properties to implement renovation program that will transform both the community & lived experience for its residents” .                                                    
                                         
   Northland entered Georgia market in 2020 & has expanded its portfolio up to 2161 units since then .

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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