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FCP Acquires 360-Unit Amber Grove at Olley Creek Apartments in Marietta, GA for $51M

FCP announces the $51 million acquisition of Amber Grove at Olley Creek Apartments, a 360-unit garden apartment community at 2050 Austell Road in Marietta, GA. FCP has invested in 34 properties since its entry into the Atlanta market in 2015, and its multifamily portfolio in the market now stands at 7,230 units.

“Amber Grove at Olley Creek is well-located on Austell Road, a high-trafficked corridor in northwest Atlanta, and should serve well as a bolt-on investment to FCP’s 1,450 units within a five-mile radius,” said FCP’s Michael Errichetti of the community that features two-, three- and four-bedroom units.

Residents enjoy easy access to major job centers in downtown Marietta, Cumberland, Buckhead, and Perimeter Center. Amenities in the gated community include a leasing center and club room, swimming pool, dog park, fitness center, community garden, and playground.

Travis Presnell and James Wilber of Cushman & Wakefield represented the seller.


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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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