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Atlanta & Southeast  + Apartments  |  January 15, 2020
David Cohen
By: David Cohen

Greystone Brown Brokers $21M Sale of Atlanta MF Property

Greystone Brown Real Estate Advisors has arranged the $20.7 million sale of a 328-unit Southwest Atlanta multifamily property comprised of two separate phases.

The property consists of 1890 House and 1895 Plaza, located at 1890 Myrtle Dr., as well as Adams House, located at 2280 Campbellton Rd. SW. The property is a provider of affordable workforce housing, with a resident base of market-rate and voucher-based Section 8 tenants. The property was built in 1969 along the Campbellton Road Corridor in Southwest Atlanta, and consists of all-brick low-rise multifamily structures.

Greystone Brown represented the undisclosed seller in the transaction. Barden Brown, Cory Caroline Sams and Taylor Brown of CF Real Estate Services advised the buyer, David Stern Investment.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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