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Brunswick 745-Acre Altama Tract Sells for $11.5M
Land Advisors Organization’s Atlanta office facilitated the sale of a 745-acre master-planned community development, which will include residential and mixed-use components, for $11.5 million at Altama in Brunswick, GA.
The buyer, Hoyer Investment Company Altama LLC, has secured D.R. Horton as a residential home builder in the development, significantly expanding the builder’s presence in the market.
David Moore, CCIM, with Land Advisors Organization’s Atlanta office, represented the seller, Stratford Land SLF IV-GA Altama in the transaction. HIC’s plans for the 745-acre Altama Master Planned Development include single-family, multifamily commercial, institutional, recreational, and freeway commercial components. The parcel is zoned with a potential density of up to 2,301 residential units and more than 42 acres of commercial development.
The +/-745-acre northwestern quadrant, with commercial and residential zoning, is surrounded on two sides with conservation from the DNR and the Nature Conservancy.
- ◦Sale/Acquisition



