
Ashcroft Capital Acquires 412-Unit Apartment Property in Lawrenceville
Multifamily investment firm Ashcroft Capital has acquired Halston Riverside, a 412-unit, garden-style apartment community in the Atlanta suburb of Lawrenceville. The sales price and seller was not disclosed.
Located at 1000 Duluth Highway, near I-85 and Highway 316, Halston Riverside is nearby both Atlanta and Athens, GA. Located 30 miles northeast of downtown Atlanta, the community features 412 apartment homes and offers residents close proximity to schools, restaurants and entertainment venues as well as abundant outdoor recreational activities. Birchstone Residential, Ashcroft Capital’s in-house property management company, has assumed management of the community.
Amenities include package lockers, controlled gate entry, four resort-style pools with waterfalls, a playground, barbecue grills with picnic areas, a fitness center and a new cyber lounge. Ashcroft plans to implement a series of in-unit renovations at the community, which will include quartz countertops, undermount sinks, stainless steel appliances, tile backsplashes in kitchens, vinyl plank flooring and new cabinet fronts.
- ◦Acquisition