Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Atlanta & Southeast  + Atlanta Metro  + Apartments  | 
GREA has announced the $31M+ sale of multifamily asset Elite X-ing in Cobb County

GREA Announces Sale of Elite X-ing for More Than $31 Million

GREA has announced the $31,292,500 sale of Elite X-ing, a multifamily asset in Cobb County.

GREA represented the seller, Read Property Group, in the transaction. The buyer was OREI Azora. Taylor Brown, John A. Topping, Jr., Barden Brown and Mack Leath of GREA managed the sale.

Located at 10 Creste Drive in Decatur, Elite X-ing is a 1989-built multifamily asset featuring 210 units with two-, three- and four-bedroom floorplans averaging 1,213 square feet. 

OREI Azora plans to invest $2 million to modernize the clubhouse, pool, landscaping, package lockers, pergola, outdoor kitchen, dog park and fitness center.

“GREA was proud to represent the sellers of Elite X-ing. The new buyer will do well with this property by capitalizing on the thousands of jobs coming to the corridor,” said Taylor Brown, managing director of GREA in Atlanta. “We wish the buyer the best as they execute their renovation plan.”


Inside The Story

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.

Step 1: Select Education
  • ◦Sale/Acquisition
New call-to-action